Mahindra CIE
MAHINDCIE.NS
$6.14
Share price
0.00%
Change (1 day)
30.64%
Change (1 year)
Categories
Operating Margin for Mahindra CIE (MAHINDCIE.NS)
Operating Margin as of April 2024 (TTM): 14.54%
According to Mahindra CIE's latest financial reports and stock price the company's current Operating Margin is 14.54%. At the end of 2021 the company had an Operating Margin of 7.93%.
Operating Margin history for Mahindra CIE from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 7.93% | 145.64% |
| 2020 | 3.23% | -59.35% |
| 2019 | 7.94% | -15.29% |
| 2018 | 9.37% | 20.61% |
| 2017 | 7.77% | 58.06% |
| 2016 | 4.92% | -373.35% |
| 2015 | -1.80% | -33.46% |
| 2014 | -2.70% | -47.68% |
| 2013 | -5.17% | -330.34% |
| 2012 | 2.24% | 831.36% |
| 2011 | 0.24% | -101.36% |
| 2010 | -17.64% | 268.85% |
| 2009 | -4.78% | -445.6% |
| 2008 | 1.38% | -129.63% |
| 2007 | -4.67% | -21.41% |
| 2006 | -5.94% |
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.