According to Dr Lal PathLabs 's latest financial reports and stock price the company's current Operating Margin is 25.58%. At the end of 2023 the company had an Operating Margin of 17.05%.
Year | Operating Margin | Change |
---|---|---|
2023 | 17.05% | -25.05% |
2022 | 22.75% | -8.79% |
2021 | 24.94% | 6.87% |
2020 | 23.34% | -6.55% |
2019 | 24.97% | 1.01% |
2018 | 24.72% | -4.75% |
2017 | 25.96% | 2.33% |
2016 | 25.36% | 19.74% |
2015 | 21.18% | -0.85% |
2014 | 21.37% | 20.32% |
2013 | 17.76% | -8.52% |
2012 | 19.41% | 2.96% |
2011 | 18.85% |
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.