According to IDBI Bank 's latest financial reports and stock price the company's current Operating Margin is 34.96%. At the end of 2023 the company had an Operating Margin of 33.08%.
Year | Operating Margin | Change |
---|---|---|
2023 | 33.08% | 74.33% |
2022 | 18.98% | 68.31% |
2021 | 11.28% | -109.52% |
2020 | -118.48% | -28.16% |
2019 | -164.92% | 147.29% |
2018 | -66.69% | 30.61% |
2017 | -51.06% | 35.29% |
2016 | -37.74% | -488.66% |
2015 | 9.71% | -25.06% |
2014 | 12.96% | -42.58% |
2013 | 22.57% | -26.18% |
2012 | 30.57% | |
2006 | 32.00% | -15.35% |
2005 | 37.80% |
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.