According to Gujarat Fluorochemicals's latest financial reports and stock price the company's current Operating Margin is 29.57%. At the end of 2023 the company had an Operating Margin of 31.40%.
Year | Operating Margin | Change |
---|---|---|
2023 | 31.40% | 15.66% |
2022 | 27.14% | 49.16% |
2021 | 18.20% | 42.83% |
2020 | 12.74% | -46.11% |
2019 | 23.64% |
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.