KPIT Technologies
KPITTECH.NS
$16.99
Share price
3.09%
Change (1 day)
51.02%
Change (1 year)
Categories
Operating Margin for KPIT Technologies (KPITTECH.NS)
Operating Margin as of April 2024 (TTM): 14.86%
According to KPIT Technologies 's latest financial reports and stock price the company's current Operating Margin is 14.86%. At the end of 2023 the company had an Operating Margin of 14.76%.
Operating Margin history for KPIT Technologies from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 14.76% | 4.22% |
| 2022 | 14.16% | 62.34% |
| 2021 | 8.73% | 4.16% |
| 2020 | 8.38% | -20.06% |
| 2019 | 10.48% |
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.