According to Grasim Industries 's latest financial reports and stock price the company's current Operating Margin is 11.84%. At the end of 2023 the company had an Operating Margin of 12.52%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.52% | -6.21% |
2022 | 13.35% | 3.46% |
2021 | 12.90% | 48.98% |
2020 | 8.66% | 19.43% |
2019 | 7.25% | -28.32% |
2018 | 10.12% | -39.02% |
2017 | 16.59% | 39.57% |
2016 | 11.89% | 12.87% |
2015 | 10.53% | -14.31% |
2014 | 12.29% | -34.01% |
2013 | 18.62% | -3.1% |
2012 | 19.22% | 6.11% |
2011 | 18.11% | -27.68% |
2010 | 25.05% | 27.82% |
2009 | 19.60% | -27.3% |
2008 | 26.95% | 10.08% |
2007 | 24.49% | 60.05% |
2006 | 15.30% | 9.06% |
2005 | 14.03% |
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.