Aavas Financiers
AAVAS.NS
#4710
Rank
โ‚ฌ1.50 B
Marketcap
18,99ย โ‚ฌ
Share price
0.18%
Change (1 day)
1.83%
Change (1 year)

Operating Margin for Aavas Financiers (AAVAS.NS)

Operating Margin as of October 2024 (TTM): 37.24%

According to Aavas Financiers 's latest financial reports and stock price the company's current Operating Margin is 37.24%. At the end of 2023 the company had an Operating Margin of 40.46%.

Operating Margin history for Aavas Financiers from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202340.46%-0.73%
202240.76%8.2%
202137.67%-3.93%
202039.21%-10.92%
201944.02%35.03%
201832.60%9.84%
201729.68%11.87%
201626.53%-5.04%
201527.94%61.65%
201417.28%

What is a company's Operating Margin?

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.