Laurus Labs
LAURUSLABS.NS
#3767
Rank
$2.53 B
Marketcap
$4.71
Share price
0.04%
Change (1 day)
30.11%
Change (1 year)

Operating Margin for Laurus Labs (LAURUSLABS.NS)

Operating Margin as of March 2024 (TTM): 13.96%

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%.

Operating Margin history for Laurus Labs from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202321.09%-11.08%
202223.72%-17.45%
202128.74%115.99%
202013.30%53.63%
20198.66%-43.63%
201815.36%-11.94%
201717.44%15.02%
201615.17%34.9%
201511.24%-22.2%
201414.45%

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.