Shree Cement
SHREECEM.NS
#1642
Rank
โ‚น881.79 B
Marketcap
โ‚น24,440
Share price
-1.13%
Change (1 day)
-8.32%
Change (1 year)

Operating Margin for Shree Cement (SHREECEM.NS)

Operating Margin as of October 2024 (TTM): 13.90%

According to Shree Cement 's latest financial reports and stock price the company's current Operating Margin is 13.90%. At the end of 2023 the company had an Operating Margin of 8.57%.

Operating Margin history for Shree Cement from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.57%-56.77%
202219.83%-13.03%
202122.80%48.52%
202015.35%64.28%
20199.34%-51.15%
201819.13%7%
201717.88%-16.21%
201621.33%241.88%
20156.24%-55.13%
201413.91%-30.8%
201320.10%
20112.84%-88.1%
201023.90%-10.4%
200926.67%52.72%
200817.46%26.52%
200713.80%240.42%
20064.05%-24.2%
20055.35%

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.