According to Larsen & Toubro 's latest financial reports and stock price the company's current Operating Margin is 11.16%. At the end of 2023 the company had an Operating Margin of 9.33%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.33% | 0.81% |
2022 | 9.26% | 1.74% |
2021 | 9.10% | -2.24% |
2020 | 9.31% | -11.19% |
2019 | 10.48% | 6.16% |
2018 | 9.87% | 19.55% |
2017 | 8.26% | 3.42% |
2016 | 7.98% | -0.98% |
2015 | 8.06% | -9.04% |
2014 | 8.86% | -14.21% |
2013 | 10.33% | -4.71% |
2012 | 10.84% | -16.97% |
2011 | 13.06% | -22.64% |
2010 | 16.88% | 55.58% |
2009 | 10.85% | -7.33% |
2008 | 11.71% | -20.72% |
2007 | 14.77% | 45.34% |
2006 | 10.16% | 4.28% |
2005 | 9.74% | 21.18% |
2004 | 8.04% | 47.52% |
2003 | 5.45% | 5.15% |
2002 | 5.18% |
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.