Greenpanel Industries
GREENPANEL.NS
$3.57
Share price
1.05%
Change (1 day)
-10.37%
Change (1 year)
Operating Margin for Greenpanel Industries (GREENPANEL.NS)
Operating Margin as of May 2024 (TTM): 21.58%
According to Greenpanel Industries 's latest financial reports and stock price the company's current Operating Margin is 21.58%. At the end of 2022 the company had an Operating Margin of 22.00%.
Operating Margin history for Greenpanel Industries from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 22.00% | 118.15% |
| 2021 | 10.09% | 629.67% |
| 2020 | 1.38% | -34.96% |
| 2019 | 2.13% |
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.