Gujarat Mineral Development
GMDCLTD.NS
Operating Margin for Gujarat Mineral Development (GMDCLTD.NS)
Operating Margin as of May 2024 (TTM): 40.67%
According to Gujarat Mineral Development's latest financial reports and stock price the company's current Operating Margin is 40.67%. At the end of 2022 the company had an Operating Margin of 26.91%.
Operating Margin history for Gujarat Mineral Development from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 26.91% | -203.1% |
| 2021 | -26.10% | -252.46% |
| 2020 | 17.12% | -17.13% |
| 2019 | 20.66% | -23.83% |
| 2018 | 27.12% | -14.52% |
| 2017 | 31.73% | 12.78% |
| 2016 | 28.13% | -37.22% |
| 2015 | 44.81% | -8.2% |
| 2014 | 48.82% | -9.51% |
| 2013 | 53.95% | 22.6% |
| 2012 | 44.01% | 6.19% |
| 2011 | 41.44% | 8.79% |
| 2010 | 38.09% | 1.04% |
| 2009 | 37.70% | -9.44% |
| 2008 | 41.63% | 46.15% |
| 2007 | 28.48% | 86.31% |
| 2006 | 15.29% | -66.4% |
| 2005 | 45.49% | 3.09% |
| 2004 | 44.13% |
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.