Happiest Minds Technologies
HAPPSTMNDS.NS
$9.83
Share price
0.97%
Change (1 day)
1.34%
Change (1 year)
Categories
Operating Margin for Happiest Minds Technologies (HAPPSTMNDS.NS)
Operating Margin as of April 2024 (TTM): 23.20%
According to Happiest Minds Technologies's latest financial reports and stock price the company's current Operating Margin is 23.20%. At the end of 2022 the company had an Operating Margin of 22.48%.
Operating Margin history for Happiest Minds Technologies from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 22.48% | -6.54% |
| 2021 | 24.05% | 128.14% |
| 2020 | 10.54% | 379.5% |
| 2019 | 2.20% | -144.1% |
| 2018 | -4.99% |
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.