Indian Railway Catering & Tourism
IRCTC.NS
$12.34
Share price
0.24%
Change (1 day)
67.89%
Change (1 year)
Categories
Operating Margin for Indian Railway Catering & Tourism (IRCTC.NS)
Operating Margin as of April 2024 (TTM): 36.71%
According to Indian Railway Catering & Tourism's latest financial reports and stock price the company's current Operating Margin is 36.71%. At the end of 2023 the company had an Operating Margin of 38.23%.
Operating Margin history for Indian Railway Catering & Tourism from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 38.23% | -19.23% |
| 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.