According to Foseco India 's latest financial reports and stock price the company's current Operating Margin is 15.07%. At the end of 2021 the company had an Operating Margin of 12.84%.
Year | Operating Margin | Change |
---|---|---|
2021 | 12.84% | 52.43% |
2020 | 8.42% | -45.42% |
2019 | 15.43% | 11.07% |
2018 | 13.89% | 3.15% |
2017 | 13.47% | -11.63% |
2016 | 15.24% | -7.31% |
2015 | 16.44% | 14.22% |
2014 | 14.39% | 19.21% |
2013 | 12.08% | -8.95% |
2012 | 13.26% | -19.04% |
2011 | 16.38% | 3.88% |
2010 | 15.77% | 3.23% |
2009 | 15.28% | -9.93% |
2008 | 16.96% | -19.63% |
2007 | 21.10% |
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.