According to Housing Development Finance Corporation's latest financial reports and stock price the company's current Operating Margin is 28.09%. At the end of 2022 the company had an Operating Margin of 26.03%.
Year | Operating Margin | Change |
---|---|---|
2022 | 26.03% | 18% |
2021 | 22.06% | -49.63% |
2020 | 43.79% | 32.62% |
2019 | 33.02% | -38.89% |
2018 | 54.03% | 18.1% |
2017 | 45.75% | -5.82% |
2016 | 48.58% | 3.06% |
2015 | 47.14% | -13.19% |
2014 | 54.30% | 2.32% |
2013 | 53.07% | -4.97% |
2012 | 55.84% | 2.29% |
2011 | 54.59% | -26.73% |
2010 | 74.51% | 7.83% |
2009 | 69.10% | -27.09% |
2008 | 94.77% | 33.29% |
2007 | 71.10% | 121.16% |
2006 | 32.15% | -0.79% |
2005 | 32.41% | 4.05% |
2004 | 31.14% |
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.