According to Jindal Steel & Power 's latest financial reports and stock price the company's current Operating Margin is 15.59%. At the end of 2024 the company had an Operating Margin of 12.48%.
Year | Operating Margin | Change |
---|---|---|
2024 | 12.48% | 46.61% |
2023 | 8.51% | -46.96% |
2022 | 16.04% | -13.62% |
2021 | 18.57% | -1610.58% |
2020 | -1.23% | -79.47% |
2019 | -5.99% | 8.18% |
2018 | -5.53% | -49.62% |
2017 | -10.99% | -35.27% |
2016 | -16.97% | 112.97% |
2015 | -7.97% | -161.18% |
2014 | 13.02% | -32.7% |
2013 | 19.35% | -32.08% |
2012 | 28.50% | -25.08% |
2011 | 38.03% | -7.36% |
2010 | 41.05% | 17.14% |
2009 | 35.05% | 26.62% |
2008 | 27.68% | 3.54% |
2007 | 26.73% | -4.91% |
2006 | 28.11% |
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.