According to Marico 's latest financial reports and stock price the company's current Operating Margin is 17.85%. At the end of 2023 the company had an Operating Margin of 17.85%.
Year | Operating Margin | Change |
---|---|---|
2023 | 17.85% | 5.39% |
2022 | 16.94% | -11.13% |
2021 | 19.06% | 0.62% |
2020 | 18.94% | 9.07% |
2019 | 17.37% | -2.22% |
2018 | 17.76% | -8.79% |
2017 | 19.47% | 15.31% |
2016 | 16.88% | 17.55% |
2015 | 14.36% | -3.3% |
2014 | 14.85% | 23.38% |
2013 | 12.04% | 20.19% |
2012 | 10.02% | -16.76% |
2011 | 12.03% | 7.49% |
2010 | 11.19% | 16.43% |
2009 | 9.62% | -10.62% |
2008 | 10.76% | 11.6% |
2007 | 9.64% | 12.52% |
2006 | 8.57% | 18.15% |
2005 | 7.25% |
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.