According to Mangalore Chemicals and Fertilizers's latest financial reports and stock price the company's current Operating Margin is 5.73%. At the end of 2023 the company had an Operating Margin of 4.84%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.84% | 3.95% |
2022 | 4.65% | -5.55% |
2021 | 4.93% | 89.56% |
2020 | 2.60% | 59.27% |
2019 | 1.63% | -41.55% |
2018 | 2.79% | 129.68% |
2017 | 1.22% | -114.55% |
2016 | -8.36% | -1277.15% |
2015 | 0.71% | -74.88% |
2014 | 2.83% | 13.45% |
2013 | 2.49% | -9.88% |
2012 | 2.76% | -37.57% |
2011 | 4.43% | 13.05% |
2010 | 3.92% | 126.23% |
2009 | 1.73% | -51.78% |
2008 | 3.59% | 17.34% |
2007 | 3.06% |
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.