According to Apollo Pipes's latest financial reports and stock price the company's current Operating Margin is 5.23%. At the end of 2023 the company had an Operating Margin of 4.57%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.57% | -50.12% |
2022 | 9.16% | -27.34% |
2021 | 12.60% | 16.96% |
2020 | 10.77% | -2.66% |
2019 | 11.07% | -8% |
2018 | 12.03% | 5.02% |
2017 | 11.46% | 19.33% |
2016 | 9.60% | -51.23% |
2015 | 19.69% | -74.29% |
2014 | 76.57% | -2.51% |
2013 | 78.55% | -2.2% |
2012 | 80.31% | 1220.42% |
2011 | 6.08% | 27.14% |
2010 | 4.78% | -995.62% |
2009 | -0.53% |
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.