HEG
HEG.NS
$28.07
Share price
-0.85%
Change (1 day)
105.64%
Change (1 year)
Operating Margin for HEG (HEG.NS)
Operating Margin as of May 2024 (TTM): 28.86%
According to HEG's latest financial reports and stock price the company's current Operating Margin is 28.86%. At the end of 2022 the company had an Operating Margin of 26.13%.
Operating Margin history for HEG from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 26.13% | -1754.48% |
| 2021 | -1.58% | -150.53% |
| 2020 | 3.13% | -95.71% |
| 2019 | 72.94% | 17% |
| 2018 | 62.35% | 4009.66% |
| 2017 | 1.52% | -74.8% |
| 2016 | 6.02% | -32.04% |
| 2015 | 8.86% | -23.85% |
| 2014 | 11.63% | -0.37% |
| 2013 | 11.68% | 54.22% |
| 2012 | 7.57% | -51.94% |
| 2011 | 15.75% | -39.52% |
| 2010 | 26.05% | 28.88% |
| 2009 | 20.21% | -24.52% |
| 2008 | 26.78% | 47.24% |
| 2007 | 18.19% | 2.37% |
| 2006 | 17.77% |
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.