Fortis Healthcare
FORTIS.NS
$5.34
Share price
-1.14%
Change (1 day)
65.33%
Change (1 year)
Categories
Operating Margin for Fortis Healthcare (FORTIS.NS)
Operating Margin as of April 2024 (TTM): 14.49%
According to Fortis Healthcare's latest financial reports and stock price the company's current Operating Margin is 14.49%. At the end of 2023 the company had an Operating Margin of 12.92%.
Operating Margin history for Fortis Healthcare from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 12.92% | -26.25% |
| 2022 | 17.52% | 1502.83% |
| 2021 | 1.09% | -79.42% |
| 2020 | 5.31% | -311.61% |
| 2019 | -2.51% | -87.45% |
| 2018 | -19.99% | -264.05% |
| 2017 | 12.19% | -2280.86% |
| 2016 | -0.56% | -86.22% |
| 2015 | -4.06% | -42.16% |
| 2014 | -7.01% | -142.18% |
| 2013 | 16.63% | 360.41% |
| 2012 | 3.61% | -64.9% |
| 2011 | 10.29% | 31.46% |
| 2010 | 7.83% | 125.81% |
| 2009 | 3.47% | -143.34% |
| 2008 | -8.00% | -53.6% |
| 2007 | -17.23% | -5.94% |
| 2006 | -18.32% | -20.92% |
| 2005 | -23.17% | -41% |
| 2004 | -39.27% | -22.63% |
| 2003 | -50.76% | -77.22% |
| 2002 | -222.78% |
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.