Indian Railway Catering & Tourism
IRCTC.NS
$7.92
Share price
-0.31%
Change (1 day)
-11.51%
Change (1 year)
Categories
Operating Margin for Indian Railway Catering & Tourism (IRCTC.NS)
Operating Margin as of May 2023 (TTM): 39.11%
According to Indian Railway Catering & Tourism's latest financial reports and stock price the company's current Operating Margin is 39.11%. At the end of 2022 the company had an Operating Margin of 47.34%.
Operating Margin history for Indian Railway Catering & Tourism from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 47.34% | 42.06% |
| 2021 | 33.32% | 1.71% |
| 2020 | 32.76% | 42.2% |
| 2019 | 23.04% | -2.36% |
| 2018 | 23.60% | 0.91% |
| 2017 | 23.38% |
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.