Hindalco Industries
HINDALCO.NS
$7.71
Share price
-0.92%
Change (1 day)
44.65%
Change (1 year)
Operating Margin for Hindalco Industries (HINDALCO.NS)
Operating Margin as of April 2024 (TTM): 6.53%
According to Hindalco Industries 's latest financial reports and stock price the company's current Operating Margin is 6.53%. At the end of 2023 the company had an Operating Margin of 5.93%.
Operating Margin history for Hindalco Industries from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 5.93% | -41.28% |
| 2022 | 10.10% | 67.43% |
| 2021 | 6.03% | 19.31% |
| 2020 | 5.06% | -18.82% |
| 2019 | 6.23% | -12.51% |
| 2018 | 7.12% | 113.99% |
| 2017 | 3.33% | 3413.25% |
| 2016 | 0.09% | -71.18% |
| 2015 | 0.33% | -89.2% |
| 2014 | 3.04% | -37.98% |
| 2013 | 4.90% | -9.26% |
| 2012 | 5.40% | 1.36% |
| 2011 | 5.33% | -47.62% |
| 2010 | 10.18% | -1204.25% |
| 2009 | -0.92% | -118.53% |
| 2008 | 4.97% | -73.76% |
| 2007 | 18.96% | 2.6% |
| 2006 | 18.48% | 1.09% |
| 2005 | 18.28% | 1.18% |
| 2004 | 18.06% |
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.