According to Ratnamani Metals & Tubes's latest financial reports and stock price the company's current Operating Margin is 15.03%. At the end of 2023 the company had an Operating Margin of 15.55%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.55% | 12.62% |
2022 | 13.80% | -13.05% |
2021 | 15.88% | 1.02% |
2020 | 15.72% | 16.84% |
2019 | 13.45% | 4.32% |
2018 | 12.89% | -11.23% |
2017 | 14.53% | 3.8% |
2016 | 13.99% | -13.4% |
2015 | 16.16% | -3.9% |
2014 | 16.82% | -3.7% |
2013 | 17.46% | 49.73% |
2012 | 11.66% | -15.8% |
2011 | 13.85% | -11.1% |
2010 | 15.58% | 33.05% |
2009 | 11.71% | -29.97% |
2008 | 16.72% | 12.19% |
2007 | 14.90% | 0.02% |
2006 | 14.90% | 26.57% |
2005 | 11.77% |
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.