Kitex Garments
KITEX.NS
#6447
Rank
$0.14 B
Marketcap
$2.15
Share price
-1.10%
Change (1 day)
-41.10%
Change (1 year)
Categories

Operating Margin for Kitex Garments (KITEX.NS)

Operating Margin as of February 2023 (TTM): 23.35%

According to Kitex Garments's latest financial reports and stock price the company's current Operating Margin is 23.35%. 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
202223.13%25.4%
202118.44%-7.1%
202019.85%-14%
201923.08%9.82%
201821.02%-19.6%
201726.14%-16.59%
201631.34%13.06%
201527.72%39%
201419.94%43.53%
201313.89%8.08%
201212.86%-0.31%
201112.90%14.81%
201011.23%27.61%
20098.80%6.77%
20088.24%-17.22%
20079.96%

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.