Max Healthcare Institute
MAXHEALTH.NS
$9.76
Share price
-0.18%
Change (1 day)
65.99%
Change (1 year)
Categories
Operating Margin for Max Healthcare Institute (MAXHEALTH.NS)
Operating Margin as of May 2024 (TTM): 24.06%
According to Max Healthcare Institute's latest financial reports and stock price the company's current Operating Margin is 24.06%. At the end of 2023 the company had an Operating Margin of 23.31%.
Operating Margin history for Max Healthcare Institute from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 23.31% | 22.52% |
| 2022 | 19.03% | -788.07% |
| 2021 | -2.77% | -157.8% |
| 2020 | 4.78% | 861.25% |
| 2019 | 0.50% | -132.16% |
| 2018 | -1.55% | -573.5% |
| 2017 | 0.33% | -121.67% |
| 2016 | -1.51% |
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.