According to IIFL Finance's latest financial reports and stock price the company's current Operating Margin is 49.08%. At the end of 2023 the company had an Operating Margin of 49.24%.
Year | Operating Margin | Change |
---|---|---|
2023 | 49.24% | 24.66% |
2022 | 39.50% | 30.8% |
2021 | 30.20% | -2.2% |
2020 | 30.88% | -30.77% |
2019 | 44.60% | -3.87% |
2018 | 46.39% | 3.06% |
2017 | 45.01% | 18.64% |
2016 | 37.94% | 7.5% |
2015 | 35.29% | 32.14% |
2014 | 26.71% | 4.55% |
2013 | 25.55% | 140.61% |
2012 | 10.62% | -50.04% |
2011 | 21.25% | -32.74% |
2010 | 31.59% | 38.26% |
2009 | 22.85% | -17.57% |
2008 | 27.72% | 0.63% |
2007 | 27.54% | -18.14% |
2006 | 33.65% | -1.12% |
2005 | 34.03% |
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.