According to Jindal Stainless's latest financial reports and stock price the company's current Operating Margin is 10.01%. At the end of 2023 the company had an Operating Margin of 7.80%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.80% | -39.29% |
2022 | 12.84% | 125.94% |
2021 | 5.69% | 339.26% |
2020 | 1.29% | -21.76% |
2019 | 1.65% | -63.42% |
2018 | 4.52% | 257.92% |
2017 | 1.26% | -111.46% |
2016 | -11.03% | -402.48% |
2015 | 3.65% | -133.71% |
2014 | -10.82% | -0.32% |
2013 | -10.85% | 288.09% |
2012 | -2.80% | -144.53% |
2011 | 6.28% | -35.55% |
2010 | 9.74% | -156.78% |
2009 | -17.16% | -329.76% |
2008 | 7.47% | -32.86% |
2007 | 11.12% |
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.