Lux Industries
LUXIND.NS
$17.63
Share price
-2.98%
Change (1 day)
1.91%
Change (1 year)
Categories
Operating Margin for Lux Industries (LUXIND.NS)
Operating Margin as of May 2024 (TTM): 11.13%
According to Lux Industries's latest financial reports and stock price the company's current Operating Margin is 11.13%. At the end of 2022 the company had an Operating Margin of 19.97%.
Operating Margin history for Lux Industries from 2015 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 19.97% | 7.13% |
| 2021 | 18.64% | 36.57% |
| 2020 | 13.65% | 7.59% |
| 2019 | 12.68% | 17.13% |
| 2018 | 10.83% | 9.29% |
| 2017 | 9.91% | 18.49% |
| 2016 | 8.36% | 11.79% |
| 2015 | 7.48% |
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.