According to GMR Group 's latest financial reports and stock price the company's current Operating Margin is 24.87%. At the end of 2023 the company had an Operating Margin of -10.84%.
Year | Operating Margin | Change |
---|---|---|
2023 | -10.84% | -46.5% |
2022 | -20.27% | -71.44% |
2021 | -70.98% | 133.63% |
2020 | -30.38% | 60.85% |
2019 | -18.89% | 51.93% |
2018 | -12.43% | -2862.17% |
2017 | 0.45% | -103.36% |
2016 | -13.40% | -47.8% |
2015 | -25.66% | -1087.36% |
2014 | 2.60% | -34.68% |
2013 | 3.98% | -139.04% |
2012 | -10.19% | -42.45% |
2011 | -17.71% | -518.84% |
2010 | 4.23% | -48.51% |
2009 | 8.21% | -41.29% |
2008 | 13.99% | -16.22% |
2007 | 16.70% | 66.63% |
2006 | 10.02% | -15.05% |
2005 | 11.80% |
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.