Jindal Stainless
JSL.NS
#2182
Rank
โ‚น604.73 B
Marketcap
โ‚น734.40
Share price
-2.07%
Change (1 day)
56.07%
Change (1 year)

Operating Margin for Jindal Stainless (JSL.NS)

Operating Margin as of September 2024 (TTM): 10.83%

According to Jindal Stainless's latest financial reports and stock price the company's current Operating Margin is 10.83%. At the end of 2023 the company had an Operating Margin of 7.80%.

Operating Margin history for Jindal Stainless from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.80%-39.29%
202212.84%125.94%
20215.69%339.26%
20201.29%-21.76%
20191.65%-63.42%
20184.52%257.92%
20171.26%-111.46%
2016-11.03%-402.48%
20153.65%-133.71%
2014-10.82%-0.32%
2013-10.85%288.09%
2012-2.80%-144.53%
20116.28%-35.55%
20109.74%-156.78%
2009-17.16%-329.76%
20087.47%-32.86%
200711.12%

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.