According to India Nippon Electricals's latest financial reports and stock price the company's current Operating Margin is 10.43%. At the end of 2022 the company had an Operating Margin of 10.79%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.79% | 1.9% |
2021 | 10.59% | -29.49% |
2020 | 15.02% | -5.71% |
2019 | 15.93% | 1.41% |
2018 | 15.71% | 24.25% |
2017 | 12.64% | 23.24% |
2016 | 10.26% | 5.06% |
2015 | 9.77% | -4.51% |
2014 | 10.23% | -21.81% |
2013 | 13.08% | -13.69% |
2012 | 15.16% | 6.38% |
2011 | 14.25% | 1.45% |
2010 | 14.04% | 18.76% |
2009 | 11.82% | -19.51% |
2008 | 14.69% | -2.32% |
2007 | 15.04% |
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.