According to India Glycols's latest financial reports and stock price the company's current Operating Margin is 5.77%. At the end of 2022 the company had an Operating Margin of 15.18%.
Year | Operating Margin | Change |
---|---|---|
2022 | 15.18% | 77.87% |
2021 | 8.53% | -2.5% |
2020 | 8.75% | -14.54% |
2019 | 10.24% | 23.08% |
2018 | 8.32% | 54.54% |
2017 | 5.38% | 200.38% |
2016 | 1.79% | 470.15% |
2015 | 0.31% | -91.58% |
2014 | 3.73% | -54.26% |
2013 | 8.16% | -13.07% |
2012 | 9.39% | 71.9% |
2011 | 5.46% | 34.37% |
2010 | 4.06% | -218.56% |
2009 | -3.43% | -116.05% |
2008 | 21.36% | 100.37% |
2007 | 10.66% | -12% |
2006 | 12.11% |
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.