Mishra Dhatu Nigam
MIDHANI.NS
$5.31
Share price
0.88%
Change (1 day)
111.55%
Change (1 year)
Categories
Operating Margin for Mishra Dhatu Nigam (MIDHANI.NS)
Operating Margin as of May 2024 (TTM): 31.29%
According to Mishra Dhatu Nigam's latest financial reports and stock price the company's current Operating Margin is 31.29%. At the end of 2022 the company had an Operating Margin of 27.86%.
Operating Margin history for Mishra Dhatu Nigam from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 27.86% | 0.14% |
| 2021 | 27.82% | -1.07% |
| 2020 | 28.12% | 4.63% |
| 2019 | 26.88% | -10.29% |
| 2018 | 29.96% | 24.68% |
| 2017 | 24.03% | 6.04% |
| 2016 | 22.66% | 9.48% |
| 2015 | 20.70% | -5.47% |
| 2014 | 21.89% | 2.99% |
| 2013 | 21.26% |
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.