Finolex Industries
FINPIPE.NS
$3.53
Share price
-0.29%
Change (1 day)
55.03%
Change (1 year)
Operating Margin for Finolex Industries (FINPIPE.NS)
Operating Margin as of May 2024 (TTM): 15.49%
According to Finolex Industries's latest financial reports and stock price the company's current Operating Margin is 15.49%. At the end of 2022 the company had an Operating Margin of 30.00%.
Operating Margin history for Finolex Industries from 2012 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 30.00% | 3.94% |
| 2021 | 28.86% | 104.29% |
| 2020 | 14.13% | -20.97% |
| 2019 | 17.87% | 6.5% |
| 2018 | 16.78% | -4.51% |
| 2017 | 17.58% | 25.85% |
| 2016 | 13.97% | 328.1% |
| 2015 | 3.26% | -66.91% |
| 2014 | 9.86% | 11.21% |
| 2013 | 8.87% | 92.43% |
| 2012 | 4.61% | -19.56% |
| 2011 | 5.73% | -50.19% |
| 2010 | 11.50% | -398.07% |
| 2009 | -3.86% | -154.41% |
| 2008 | 7.09% | -25.3% |
| 2007 | 9.49% | 7.37% |
| 2006 | 8.84% | -44.96% |
| 2005 | 16.06% |
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.