According to IFB Industries's latest financial reports and stock price the company's current Operating Margin is 3.12%. At the end of 2023 the company had an Operating Margin of 1.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.46% | -217.43% |
2022 | -1.24% | -126.95% |
2021 | 4.61% | 183.46% |
2020 | 1.62% | -56.69% |
2019 | 3.75% | -31.22% |
2018 | 5.45% | 35.47% |
2017 | 4.03% | 61.65% |
2016 | 2.49% | -48.51% |
2015 | 4.84% | 60.5% |
2014 | 3.01% | -36.71% |
2013 | 4.76% | 5.44% |
2012 | 4.52% | -108.27% |
2011 | -54.63% | -604.92% |
2010 | 10.82% | 38.8% |
2009 | 7.79% | 118.39% |
2008 | 3.57% | -221.13% |
2007 | -2.95% |
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.