Jindal Stainless
JSL.NS
$8.41
Share price
-3.91%
Change (1 day)
145.19%
Change (1 year)
Categories
Operating Margin for Jindal Stainless (JSL.NS)
Operating Margin as of April 2024 (TTM): 9.10%
According to Jindal Stainless's latest financial reports and stock price the company's current Operating Margin is 9.10%. At the end of 2023 the company had an Operating Margin of 7.77%.
Operating Margin history for Jindal Stainless from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 7.77% | -32.8% |
| 2022 | 11.56% | 103.4% |
| 2021 | 5.69% | 339.26% |
| 2020 | 1.29% | -21.76% |
| 2019 | 1.65% | -63.43% |
| 2018 | 4.52% | 303.23% |
| 2017 | 1.12% | -121.63% |
| 2016 | -5.18% | -242.19% |
| 2015 | 3.65% | -133.72% |
| 2014 | -10.81% | -0.37% |
| 2013 | -10.85% | 288.93% |
| 2012 | -2.79% | -144.32% |
| 2011 | 6.30% | -35.37% |
| 2010 | 9.74% | -156.78% |
| 2009 | -17.16% | -329.76% |
| 2008 | 7.47% | -32.86% |
| 2007 | 11.12% |
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.