According to Happiest Minds Technologies's latest financial reports and stock price the company's current Operating Margin is 21.06%. At the end of 2023 the company had an Operating Margin of 21.68%.
Year | Operating Margin | Change |
---|---|---|
2023 | 21.68% | -3.56% |
2022 | 22.48% | -6.54% |
2021 | 24.05% | 128.14% |
2020 | 10.54% | 379.5% |
2019 | 2.20% | -144.1% |
2018 | -4.99% |
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.