Hero MotoCorp
HEROMOTOCO.NS
$54.53
Share price
-0.36%
Change (1 day)
74.94%
Change (1 year)
Categories
Operating Margin for Hero MotoCorp (HEROMOTOCO.NS)
Operating Margin as of May 2024 (TTM): 11.73%
According to Hero MotoCorp 's latest financial reports and stock price the company's current Operating Margin is 11.73%. At the end of 2023 the company had an Operating Margin of 11.31%.
Operating Margin history for Hero MotoCorp from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 11.31% | 7.18% |
| 2022 | 10.55% | -16.51% |
| 2021 | 12.64% | -21.01% |
| 2020 | 16.00% | 4.99% |
| 2019 | 15.24% | -8.23% |
| 2018 | 16.61% | -3.68% |
| 2017 | 17.24% | 13.71% |
| 2016 | 15.17% | 26.84% |
| 2015 | 11.96% | 5.74% |
| 2014 | 11.31% | 7.27% |
| 2013 | 10.54% | -11.89% |
| 2012 | 11.96% | -4.25% |
| 2011 | 12.50% | -30.46% |
| 2010 | 17.97% | 24.27% |
| 2009 | 14.46% | 5.94% |
| 2008 | 13.65% | 8.45% |
| 2007 | 12.59% | -22.33% |
| 2006 | 16.21% | -1.19% |
| 2005 | 16.40% | -10.8% |
| 2004 | 18.39% |
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.