ITC
ITC.NS
Operating Margin for ITC (ITC.NS)
Operating Margin as of April 2024 (TTM): 36.88%
According to ITC's latest financial reports and stock price the company's current Operating Margin is 36.88%. At the end of 2023 the company had an Operating Margin of 36.82%.
Operating Margin history for ITC from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 36.82% | 6.67% |
| 2022 | 34.52% | -5.79% |
| 2021 | 36.64% | -10.42% |
| 2020 | 40.90% | 2.18% |
| 2019 | 40.03% | -0.85% |
| 2018 | 40.37% | 6.71% |
| 2017 | 37.83% | -4.23% |
| 2016 | 39.50% | 5.72% |
| 2015 | 37.37% | 0.17% |
| 2014 | 37.31% | 5.22% |
| 2013 | 35.45% | 1.24% |
| 2012 | 35.02% | 4.92% |
| 2011 | 33.38% | 2.27% |
| 2010 | 32.64% | -265.92% |
| 2009 | -19.67% | -161.68% |
| 2008 | 31.89% | 1.4% |
| 2007 | 31.45% | -3.91% |
| 2006 | 32.73% | -15.15% |
| 2005 | 38.58% | 12.14% |
| 2004 | 34.40% |
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.