According to Tamil Nadu Newsprint and Papers Limited 's latest financial reports and stock price the company's current Operating Margin is 4.89%. At the end of 2023 the company had an Operating Margin of 11.78%.
Year | Operating Margin | Change |
---|---|---|
2023 | 11.78% | 2023.24% |
2022 | 0.55% | -115.41% |
2021 | -3.60% | -164.99% |
2020 | 5.54% | 44.27% |
2019 | 3.84% | -518.8% |
2018 | -0.92% | -108.72% |
2017 | 10.51% | -21.44% |
2016 | 13.38% | 24.22% |
2015 | 10.78% | 21.49% |
2014 | 8.87% | 30.9% |
2013 | 6.78% | -17.53% |
2012 | 8.22% | -49.12% |
2011 | 16.15% | 4.78% |
2010 | 15.41% | 4.12% |
2009 | 14.80% | -14.81% |
2008 | 17.37% | 18.79% |
2007 | 14.63% | 11.8% |
2006 | 13.08% |
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.