According to Laurus Labs 's latest financial reports and stock price the company's current Operating Margin is 13.96%. At the end of 2023 the company had an Operating Margin of 21.09%.
Year | Operating Margin | Change |
---|---|---|
2023 | 21.09% | -11.08% |
2022 | 23.72% | -17.45% |
2021 | 28.74% | 115.99% |
2020 | 13.30% | 53.63% |
2019 | 8.66% | -43.63% |
2018 | 15.36% | -11.94% |
2017 | 17.44% | 15.02% |
2016 | 15.17% | 34.9% |
2015 | 11.24% | -22.2% |
2014 | 14.45% |
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.