MMTC
MMTC.NS
$0.90
Share price
0.94%
Change (1 day)
157.14%
Change (1 year)
Operating Margin for MMTC (MMTC.NS)
Operating Margin as of May 2024 (TTM): 49.37%
According to MMTC's latest financial reports and stock price the company's current Operating Margin is 49.37%. At the end of 2022 the company had an Operating Margin of 2.76%.
Operating Margin history for MMTC from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.76% | -190.8% |
| 2021 | -3.04% | 725.03% |
| 2020 | -0.37% | -149.82% |
| 2019 | 0.74% | 81.37% |
| 2018 | 0.41% | 226.45% |
| 2017 | 0.12% | -77.3% |
| 2016 | 0.55% | 8.66% |
| 2015 | 0.51% | 1.34% |
| 2014 | 0.50% | 183.8% |
| 2013 | 0.18% | -81.56% |
| 2012 | 0.95% | 17.8% |
| 2011 | 0.81% | -51.72% |
| 2010 | 1.68% | -31.88% |
| 2009 | 2.46% | 60.42% |
| 2008 | 1.53% | 61.43% |
| 2007 | 0.95% | -33.06% |
| 2006 | 1.42% |
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.