India Glycols
INDIAGLYCO.NS
#6622
Rank
$0.29 B
Marketcap
$9.39
Share price
-0.12%
Change (1 day)
28.58%
Change (1 year)

Operating Margin for India Glycols (INDIAGLYCO.NS)

Operating Margin as of May 2024 (TTM): 5.77%

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%.

Operating Margin history for India Glycols from 2019 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202215.18%77.87%
20218.53%-2.5%
20208.75%-14.54%
201910.24%23.08%
20188.32%54.54%
20175.38%200.38%
20161.79%470.15%
20150.31%-91.58%
20143.73%-54.26%
20138.16%-13.07%
20129.39%71.9%
20115.46%34.37%
20104.06%-218.56%
2009-3.43%-116.05%
200821.36%100.37%
200710.66%-12%
200612.11%

What is a company's Operating Margin

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.