According to Jindal Worldwide 's latest financial reports and stock price the company's current Operating Margin is 7.97%. At the end of 2023 the company had an Operating Margin of 9.94%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.94% | 33.41% |
2022 | 7.45% | 18.09% |
2021 | 6.31% | 38.32% |
2020 | 4.56% | -14.93% |
2019 | 5.36% | -37.4% |
2018 | 8.57% | -13.69% |
2017 | 9.93% | 9.64% |
2016 | 9.06% | 31.55% |
2015 | 6.88% | -3.07% |
2014 | 7.10% | 11.29% |
2013 | 6.38% | -5.55% |
2012 | 6.76% | -127.75% |
2011 | -24.34% | -459.38% |
2010 | 6.77% | -13.47% |
2009 | 7.83% | -2.26% |
2008 | 8.01% | -27.36% |
2007 | 11.02% |
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.