Finolex Cables
FINCABLES.NS
$12.66
Share price
1.51%
Change (1 day)
16.82%
Change (1 year)
Operating Margin for Finolex Cables (FINCABLES.NS)
Operating Margin as of May 2024 (TTM): 14.52%
According to Finolex Cables 's latest financial reports and stock price the company's current Operating Margin is 14.52%. At the end of 2023 the company had an Operating Margin of 14.49%.
Operating Margin history for Finolex Cables from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 14.49% | -31.86% |
| 2022 | 21.27% | -8.23% |
| 2021 | 23.18% | 28.57% |
| 2020 | 18.03% | -10.49% |
| 2019 | 20.14% | 1.57% |
| 2018 | 19.83% | -4.67% |
| 2017 | 20.80% | 53.36% |
| 2016 | 13.56% | 25.22% |
| 2015 | 10.83% | 3.71% |
| 2014 | 10.44% | 37.18% |
| 2013 | 7.61% | 42.01% |
| 2012 | 5.36% | 1.81% |
| 2011 | 5.27% | -4.42% |
| 2010 | 5.51% | -345.66% |
| 2009 | -2.24% | -125.79% |
| 2008 | 8.69% | -7.45% |
| 2007 | 9.39% | 13.93% |
| 2006 | 8.24% | 26.73% |
| 2005 | 6.51% |
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.