Mahanagar Gas
MGL.NS
#4709
Rank
$1.03 B
Marketcap
$10.48
Share price
-3.28%
Change (1 day)
-5.76%
Change (1 year)

Operating Margin for Mahanagar Gas (MGL.NS)

Operating Margin as of February 2023 (TTM): 14.22%

According to Mahanagar Gas's latest financial reports and stock price the company's current Operating Margin is 14.22%. At the end of 2022 the company had an Operating Margin of 22.80%.

Operating Margin history for Mahanagar Gas from 2016 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202222.80%-41.58%
202139.03%17.1%
202033.33%10.34%
201930.20%-7.8%
201832.76%10.16%
201729.74%31.15%
201622.67%4.89%
201521.62%-8.5%
201423.63%-19.96%
201329.52%-15.53%
201234.95%

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.