According to Hindustan Aeronautics's latest financial reports and stock price the company's current Operating Margin is 24.38%. At the end of 2023 the company had an Operating Margin of 24.17%.
Year | Operating Margin | Change |
---|---|---|
2023 | 24.17% | 12.72% |
2022 | 21.45% | 12.16% |
2021 | 19.12% | 2.21% |
2020 | 18.71% | 2.1% |
2019 | 18.32% | 0.73% |
2018 | 18.19% | -10.85% |
2017 | 20.40% | 5.31% |
2016 | 19.37% | 79.97% |
2015 | 10.76% | -54.96% |
2014 | 23.90% | -4.48% |
2013 | 25.02% |
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.