According to Rane Brake Lining's latest financial reports and stock price the company's current Operating Margin is 8.65%. At the end of 2024 the company had an Operating Margin of 8.26%.
Year | Operating Margin | Change |
---|---|---|
2024 | 8.26% | 10.47% |
2023 | 7.48% | 8.51% |
2022 | 6.89% | -38.25% |
2021 | 11.16% | 17.33% |
2020 | 9.51% | -1.84% |
2019 | 9.69% | -14.89% |
2018 | 11.38% | 22.68% |
2017 | 9.28% | 7.4% |
2016 | 8.64% | 48.72% |
2015 | 5.81% | -7.45% |
2014 | 6.28% | 36.27% |
2013 | 4.61% | -31.94% |
2012 | 6.77% | -14.07% |
2011 | 7.88% | -3.35% |
2010 | 8.15% | 49.08% |
2009 | 5.47% | -31.79% |
2008 | 8.01% | 8.17% |
2007 | 7.41% |
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.