According to Shankara Building 's latest financial reports and stock price the company's current Operating Margin is 1.98%. At the end of 2023 the company had an Operating Margin of 2.10%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.10% | 9.72% |
2022 | 1.91% | 92.93% |
2021 | 0.99% | -51.14% |
2020 | 2.03% | 22.18% |
2019 | 1.66% | -63.8% |
2018 | 4.59% | 17.41% |
2017 | 3.91% | 22.77% |
2016 | 3.18% | 82.22% |
2015 | 1.75% | -19.93% |
2014 | 2.18% | -19.36% |
2013 | 2.70% | -14.59% |
2012 | 3.17% |
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.