According to Hindustan Media Ventures's latest financial reports and stock price the company's current Operating Margin is -8.61%. At the end of 2022 the company had an Operating Margin of 9.07%.
Year | Operating Margin | Change |
---|---|---|
2022 | 9.07% | -47.91% |
2021 | 17.41% | -22.5% |
2020 | 22.47% | 62% |
2019 | 13.87% | -52.27% |
2018 | 29.06% | -0.87% |
2017 | 29.31% | 5.79% |
2016 | 27.71% | 13.53% |
2015 | 24.41% | 10.22% |
2014 | 22.14% | 17.94% |
2013 | 18.78% | 18.17% |
2012 | 15.89% | 2.57% |
2011 | 15.49% | -5.47% |
2010 | 16.39% | 920.66% |
2009 | 1.61% | -44.32% |
2008 | 2.88% | 11.61% |
2007 | 2.58% |
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.