According to India Tourism Development Corp's latest financial reports and stock price the company's current Operating Margin is 18.01%. At the end of 2024 the company had an Operating Margin of 20.29%.
Year | Operating Margin | Change |
---|---|---|
2024 | 20.29% | 16.07% |
2023 | 17.48% | 586.09% |
2022 | 2.55% | -113.39% |
2021 | -19.02% | -269.93% |
2020 | 11.19% | -35.45% |
2019 | 17.34% | 57.05% |
2018 | 11.04% | 80.25% |
2017 | 6.13% | 0.03% |
2016 | 6.12% | -17.64% |
2015 | 7.44% | 212.78% |
2014 | 2.38% | -156.17% |
2013 | -4.23% | -178.95% |
2012 | 5.36% | -287.91% |
2011 | -2.85% | -50.38% |
2010 | -5.75% | -161.79% |
2009 | 9.31% | -36.97% |
2008 | 14.76% |
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.