Kitex Garments
KITEX.NS
$2.46
Share price
0.99%
Change (1 day)
24.24%
Change (1 year)
Categories
Operating Margin for Kitex Garments (KITEX.NS)
Operating Margin as of April 2024 (TTM): 20.00%
According to Kitex Garments's latest financial reports and stock price the company's current Operating Margin is 20.00%. At the end of 2022 the company had an Operating Margin of 23.13%.
Operating Margin history for Kitex Garments from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 23.13% | 25.4% |
| 2021 | 18.44% | -7.1% |
| 2020 | 19.85% | -14% |
| 2019 | 23.08% | 9.82% |
| 2018 | 21.02% | -19.6% |
| 2017 | 26.14% | -16.59% |
| 2016 | 31.34% | 13.06% |
| 2015 | 27.72% | 39% |
| 2014 | 19.94% | 43.53% |
| 2013 | 13.89% | 8.08% |
| 2012 | 12.86% | -0.31% |
| 2011 | 12.90% | 14.81% |
| 2010 | 11.23% | 27.61% |
| 2009 | 8.80% | 6.77% |
| 2008 | 8.24% | -17.22% |
| 2007 | 9.96% |
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.