Hester Biosciences
HESTERBIO.NS
#7509
Rank
โ‚น20.70 B
Marketcap
โ‚น2,432
Share price
2.58%
Change (1 day)
43.61%
Change (1 year)

Operating Margin for Hester Biosciences (HESTERBIO.NS)

Operating Margin as of September 2024 (TTM): 15.11%

According to Hester Biosciences 's latest financial reports and stock price the company's current Operating Margin is 15.11%. At the end of 2023 the company had an Operating Margin of 17.03%.

Operating Margin history for Hester Biosciences from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202317.03%-28.65%
202223.86%-8.94%
202126.20%0.65%
202026.04%-25.42%
201934.91%18.89%
201829.36%5.98%
201727.70%-1.22%
201628.05%12.36%
201524.96%0.65%
201424.80%-7.79%
201326.89%-10.56%
201230.07%-1487.62%
2011-2.17%-106.8%
201031.87%-12.93%
200936.60%-11.93%
200841.57%5.08%
200739.55%

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.