Sheela Foam
SFL.NS
#5259
Rank
ยฃ0.89 B
Marketcap
ยฃ8.16
Share price
-0.90%
Change (1 day)
-27.42%
Change (1 year)

Operating Margin for Sheela Foam (SFL.NS)

Operating Margin as of September 2024 (TTM): 10.72%

According to Sheela Foam 's latest financial reports and stock price the company's current Operating Margin is 10.72%. At the end of 2023 the company had an Operating Margin of 9.52%.

Operating Margin history for Sheela Foam from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.52%-8.01%
202210.35%-22.23%
202113.31%12.7%
202011.81%33.33%
20198.85%-10.14%
20189.85%-4.16%
201710.28%4.82%
20169.81%

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.