Prince Pipes And Fittings
PRINCEPIPE.NS
#6652
Rank
ยฃ0.42 B
Marketcap
ยฃ3.84
Share price
-2.48%
Change (1 day)
-42.23%
Change (1 year)

Operating Margin for Prince Pipes And Fittings (PRINCEPIPE.NS)

Operating Margin as of December 2024 (TTM): 6.96%

According to Prince Pipes And Fittings 's latest financial reports and stock price the company's current Operating Margin is 6.96%. At the end of 2023 the company had an Operating Margin of 6.48%.

Operating Margin history for Prince Pipes And Fittings from 2019 to 2024

202020212022202320246 %8 %10 %12 %14 %16 %companiesmarketcap.com

Operating Margin at the end of each year

Year Operating Margin Change
20236.48%-50.85%
202213.18%-14.1%
202115.34%39.99%
202010.96%19.18%
20199.19%-5.15%
20189.69%-6.02%
201710.32%53.63%
20166.71%23.85%
20155.42%-21.09%
20146.87%

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.