According to Gujarat Gas 's latest financial reports and stock price the company's current Operating Margin is 11.98%. At the end of 2023 the company had an Operating Margin of 12.10%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.10% | 16.06% |
2022 | 10.42% | -39.83% |
2021 | 17.32% | 47.7% |
2020 | 11.73% | 52.68% |
2019 | 7.68% | 2.15% |
2018 | 7.52% | 25.68% |
2017 | 5.98% | 44.82% |
2016 | 4.13% | -41.99% |
2015 | 7.12% | |
2013 | 17.20% | 30.05% |
2012 | 13.22% | -18.63% |
2011 | 16.25% | -21.6% |
2010 | 20.73% | 13.78% |
2009 | 18.22% | 1.07% |
2008 | 18.02% | -2.56% |
2007 | 18.50% | 36.46% |
2006 | 13.56% | -30.44% |
2005 | 19.49% | 3.11% |
2004 | 18.90% |
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.