Jindal Stainless (Hisar)
JSLHISAR.NS
$6.84
Share price
1.28%
Change (1 day)
-1.31%
Change (1 year)
Operating Margin for Jindal Stainless (Hisar) (JSLHISAR.NS)
Operating Margin as of May 2024 (TTM): 11.68%
According to Jindal Stainless (Hisar) 's latest financial reports and stock price the company's current Operating Margin is 11.68%. At the end of 2022 the company had an Operating Margin of 17.30%.
Operating Margin history for Jindal Stainless (Hisar) from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.30% | 46.08% |
| 2021 | 11.84% | 38.32% |
| 2020 | 8.56% | -4.47% |
| 2019 | 8.96% | -21.21% |
| 2018 | 11.38% | 9.39% |
| 2017 | 10.40% | 51.82% |
| 2016 | 6.85% | 30.29% |
| 2015 | 5.26% |
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.