According to Godrej's latest financial reports and stock price the company's current Operating Margin is 17.54%. At the end of 2023 the company had an Operating Margin of 16.16%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.16% | -8.73% |
2022 | 17.70% | -6.94% |
2021 | 19.02% | 7.1% |
2020 | 17.76% | -12.14% |
2019 | 20.22% | -3.14% |
2018 | 20.87% | 14.66% |
2017 | 18.20% | 10.47% |
2016 | 16.48% | 8.77% |
2015 | 15.15% | 11.57% |
2014 | 13.58% | -15.3% |
2013 | 16.03% | -20.17% |
2012 | 20.08% | 19.59% |
2011 | 16.79% | -18.37% |
2010 | 20.57% | 36.96% |
2009 | 15.02% | -11.67% |
2008 | 17.01% | 2.27% |
2007 | 16.63% | -11.91% |
2006 | 18.88% |
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.