Grindwell Norton
GRINDWELL.NS
$28.51
Share price
0.74%
Change (1 day)
13.73%
Change (1 year)
Operating Margin for Grindwell Norton (GRINDWELL.NS)
Operating Margin as of May 2024 (TTM): 19.46%
According to Grindwell Norton's latest financial reports and stock price the company's current Operating Margin is 19.46%. At the end of 2023 the company had an Operating Margin of 19.12%.
Operating Margin history for Grindwell Norton from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 19.12% | -2.79% |
| 2022 | 19.67% | 1.56% |
| 2021 | 19.37% | 26.07% |
| 2020 | 15.36% | -5.75% |
| 2019 | 16.30% | 2.53% |
| 2018 | 15.90% | 11.75% |
| 2017 | 14.23% | 6.1% |
| 2016 | 13.41% | -1.02% |
| 2015 | 13.55% | 7.29% |
| 2014 | 12.63% | -11.78% |
| 2013 | 14.31% | -12.47% |
| 2012 | 16.35% | 3.96% |
| 2011 | 15.73% | -14.09% |
| 2010 | 18.31% | |
| 2008 | 15.61% | -56.75% |
| 2007 | 36.10% | 96.52% |
| 2006 | 18.37% | 9.05% |
| 2005 | 16.85% |
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.