Jindal Steel & Power
JINDALSTEL.NS
$11.13
Share price
2.36%
Change (1 day)
57.65%
Change (1 year)
Categories
Operating Margin for Jindal Steel & Power (JINDALSTEL.NS)
Operating Margin as of April 2024 (TTM): 11.25%
According to Jindal Steel & Power 's latest financial reports and stock price the company's current Operating Margin is 11.25%. At the end of 2023 the company had an Operating Margin of 8.51%.
Operating Margin history for Jindal Steel & Power from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 8.51% | -46.96% |
| 2022 | 16.04% | 7.54% |
| 2021 | 14.92% | -2787.84% |
| 2020 | -0.56% | -90.73% |
| 2019 | -5.99% | 8.18% |
| 2018 | -5.53% | -51.82% |
| 2017 | -11.49% | -22.24% |
| 2016 | -14.77% | 85.8% |
| 2015 | -7.95% | -163.32% |
| 2014 | 12.56% | -35.12% |
| 2013 | 19.35% | -32.08% |
| 2012 | 28.50% | -25.1% |
| 2011 | 38.04% | -7.33% |
| 2010 | 41.05% | 16.89% |
| 2009 | 35.12% | 26.89% |
| 2008 | 27.68% | 3.54% |
| 2007 | 26.73% | -4.91% |
| 2006 | 28.11% |
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.