According to Modern Dairies Limited's latest financial reports and stock price the company's current Operating Margin is 10.19%. At the end of 2023 the company had an Operating Margin of 5.63%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.63% | 173.23% |
2022 | 2.06% | -136.07% |
2021 | -5.71% | -1353% |
2020 | 0.46% | -57.87% |
2019 | 1.08% | -127.18% |
2018 | -3.98% | 59.61% |
2017 | -2.49% | -49.17% |
2016 | -4.90% | 27.96% |
2015 | -3.83% | -362.9% |
2014 | 1.46% | 752.4% |
2013 | 0.17% | -104.13% |
2012 | -4.14% | -50.27% |
2011 | -8.32% | 1957.37% |
2010 | -0.40% | -94.02% |
2009 | -6.76% | -357.44% |
2008 | 2.63% |
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.