According to Asian Paints 's latest financial reports and stock price the company's current Operating Margin is 17.71%. At the end of 2023 the company had an Operating Margin of 16.54%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.54% | 14.33% |
2022 | 14.47% | -27.71% |
2021 | 20.02% | 10.51% |
2020 | 18.11% | 4.35% |
2019 | 17.36% | -5.84% |
2018 | 18.44% | -6.29% |
2017 | 19.67% | 6.3% |
2016 | 18.51% | 25.29% |
2015 | 14.77% | 1.76% |
2014 | 14.52% | -4.17% |
2013 | 15.15% | 0.26% |
2012 | 15.11% | -7.38% |
2011 | 16.31% | -13.3% |
2010 | 18.82% | 66.65% |
2009 | 11.29% | -21.4% |
2008 | 14.36% | 23.42% |
2007 | 11.64% | 2.46% |
2006 | 11.36% | 1.57% |
2005 | 11.18% | 2.68% |
2004 | 10.89% |
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.