Rico Auto Industries
RICOAUTO.NS
#8127
Rank
โ‚น14.59 B
Marketcap
โ‚น107.91
Share price
0.96%
Change (1 day)
27.08%
Change (1 year)

Operating Margin for Rico Auto Industries (RICOAUTO.NS)

Operating Margin as of October 2024 (TTM): 5.17%

According to Rico Auto Industries's latest financial reports and stock price the company's current Operating Margin is 5.17%. At the end of 2023 the company had an Operating Margin of 3.26%.

Operating Margin history for Rico Auto Industries from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.26%63.96%
20221.99%-278.93%
2021-1.11%-179.92%
20201.39%-73.8%
20195.30%-10.66%
20185.94%-6.27%
20176.33%54.92%
20164.09%-70.49%
201513.86%1531.58%
20140.85%-6.98%
20130.91%-60.53%
20122.31%25.08%
20111.85%1325.87%
20100.13%-143.29%
2009-0.30%-106.46%
20084.64%-30.24%
20076.65%

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.