According to India Motor Parts and Accessories's latest financial reports and stock price the company's current Operating Margin is 11.76%. At the end of 2022 the company had an Operating Margin of 11.21%.
Year | Operating Margin | Change |
---|---|---|
2022 | 11.21% | -10.68% |
2021 | 12.55% | 9.54% |
2020 | 11.46% | 3.11% |
2019 | 11.11% | 21.68% |
2018 | 9.13% | 17.41% |
2017 | 7.78% | 3.32% |
2016 | 7.53% | -11.45% |
2015 | 8.50% | 2.14% |
2014 | 8.32% | -0.68% |
2013 | 8.38% | -8.09% |
2012 | 9.12% | -6.08% |
2011 | 9.71% | -4.72% |
2010 | 10.19% | 20.95% |
2009 | 8.42% | 17.44% |
2008 | 7.17% | -0.69% |
2007 | 7.22% |
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.