According to Engineers India 's latest financial reports and stock price the company's current Operating Margin is 11.84%. At the end of 2022 the company had an Operating Margin of 15.41%.
Year | Operating Margin | Change |
---|---|---|
2022 | 15.41% | 34.62% |
2021 | 11.45% | -46.13% |
2020 | 21.25% | -8.71% |
2019 | 23.28% | -26.96% |
2018 | 31.87% | -9.15% |
2017 | 35.08% | 33.46% |
2016 | 26.29% | 113.9% |
2015 | 12.29% | -51.68% |
2014 | 25.43% | -5.07% |
2013 | 26.79% | 7.17% |
2012 | 25.00% | -11.48% |
2011 | 28.24% | -15.24% |
2010 | 33.31% | -3.35% |
2009 | 34.47% | -15.97% |
2008 | 41.02% | 12.82% |
2007 | 36.35% | 39.66% |
2006 | 26.03% | 34.04% |
2005 | 19.42% | 84.75% |
2004 | 10.51% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.