Mahindra & Mahindra
M&M.NS
#649
Rank
$29.38 B
Marketcap
$24.53
Share price
-2.48%
Change (1 day)
65.97%
Change (1 year)

Operating Margin for Mahindra & Mahindra (M&M.NS)

Operating Margin as of April 2024 (TTM): 10.48%

According to Mahindra & Mahindra's latest financial reports and stock price the company's current Operating Margin is 10.48%. At the end of 2022 the company had an Operating Margin of 10.49%.

Operating Margin history for Mahindra & Mahindra from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202210.49%43.7%
20217.30%313.63%
20201.76%-79.51%
20198.61%-24.3%
201811.38%47.01%
20177.74%25.85%
20166.15%-9.1%
20156.76%-22.31%
20148.71%-4.26%
20139.09%29.16%
20127.04%-42.54%
201112.25%-4%
201012.77%51.53%
20098.42%-17.75%
200810.24%-16.69%
200712.30%-13.72%
200614.25%37.11%
200510.39%

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.