Max Financial Services
MFSL.NS
#2867
Rank
$4.27 B
Marketcap
$12.38
Share price
-2.66%
Change (1 day)
63.11%
Change (1 year)

Operating Margin for Max Financial Services (MFSL.NS)

Operating Margin as of April 2024 (TTM): 1.51%

According to Max Financial Services 's latest financial reports and stock price the company's current Operating Margin is 1.51%. At the end of 2023 the company had an Operating Margin of 1.68%.

Operating Margin history for Max Financial Services from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20231.68%34.01%
20221.25%-34.01%
20211.90%-22.25%
20202.44%-9.56%
20192.70%-37.85%
20184.34%-33.82%
20176.56%29.1%
20165.08%-0.35%
20155.10%69.83%
20143.00%-75.21%
201312.12%328.07%
20122.83%600.09%
20110.40%-176.2%
2010-0.53%-92.81%
2009-7.38%511.59%
2008-1.21%-57.33%
2007-2.83%-112.89%
200621.94%-117.83%
2005-123.09%72.57%
2004-71.33%

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.