Hero MotoCorp
HEROMOTOCO.NS
#1287
Rank
โ‚น1.201 T
Marketcap
โ‚น6,006
Share price
0.69%
Change (1 day)
92.77%
Change (1 year)

Operating Margin for Hero MotoCorp (HEROMOTOCO.NS)

Operating Margin as of September 2024 (TTM): 14.15%

According to Hero MotoCorp 's latest financial reports and stock price the company's current Operating Margin is 14.15%. At the end of 2023 the company had an Operating Margin of 11.45%.

Operating Margin history for Hero MotoCorp from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.45%8.51%
202210.55%-16.51%
202112.64%-21.01%
202016.00%4.81%
201915.27%-8.08%
201816.61%-3.68%
201717.24%11.17%
201615.51%29.74%
201511.96%5.74%
201411.31%7.27%
201310.54%-12.1%
201211.99%-1.82%
201112.21%-32.03%
201017.97%24.27%
200914.46%5.94%
200813.65%8.45%
200712.59%-22.33%
200616.21%-1.19%
200516.40%-10.8%
200418.39%

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.