India Tourism Development Corp
ITDC.NS
Operating Margin for India Tourism Development Corp (ITDC.NS)
Operating Margin as of April 2024 (TTM): 15.63%
According to India Tourism Development Corp's latest financial reports and stock price the company's current Operating Margin is 15.63%. At the end of 2022 the company had an Operating Margin of 3.47%.
Operating Margin history for India Tourism Development Corp from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.47% | -118.33% |
| 2021 | -18.92% | -264.97% |
| 2020 | 11.47% | -32.43% |
| 2019 | 16.98% | 37.37% |
| 2018 | 12.36% | 309.83% |
| 2017 | 3.02% | -50.58% |
| 2016 | 6.10% | -17.97% |
| 2015 | 7.44% | -407.59% |
| 2014 | -2.42% | -272.47% |
| 2013 | 1.40% | -73.85% |
| 2012 | 5.36% | -298.73% |
| 2011 | -2.70% | -53.08% |
| 2010 | -5.75% | -161.79% |
| 2009 | 9.31% | -36.97% |
| 2008 | 14.76% |
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.