MM Forgings
MMFL.NS
$13.54
Share price
0.03%
Change (1 day)
20.99%
Change (1 year)
Categories
Operating Margin for MM Forgings (MMFL.NS)
Operating Margin as of May 2024 (TTM): 11.95%
According to MM Forgings's latest financial reports and stock price the company's current Operating Margin is 11.95%. At the end of 2022 the company had an Operating Margin of 11.31%.
Operating Margin history for MM Forgings from 2012 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 11.31% | 69.58% |
| 2021 | 6.67% | -3.05% |
| 2020 | 6.88% | -39.43% |
| 2019 | 11.35% | -2.24% |
| 2018 | 11.61% | 0.76% |
| 2017 | 11.53% | -16.45% |
| 2016 | 13.80% | 0.97% |
| 2015 | 13.66% | 46.34% |
| 2014 | 9.34% | 12.32% |
| 2013 | 8.31% | -24.53% |
| 2012 | 11.01% | -22.46% |
| 2011 | 14.20% | 93.68% |
| 2010 | 7.33% | 11.08% |
| 2009 | 6.60% | -37.66% |
| 2008 | 10.59% | 0.76% |
| 2007 | 10.51% |
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.