Modern Dairies Limited
MODAIRY.BO
$0.49
Share price
4.57%
Change (1 day)
47.12%
Change (1 year)
Operating Margin for Modern Dairies Limited (MODAIRY.BO)
Operating Margin as of May 2024 (TTM): 6.81%
According to Modern Dairies Limited's latest financial reports and stock price the company's current Operating Margin is 6.81%. At the end of 2023 the company had an Operating Margin of 5.63%.
Operating Margin history for Modern Dairies Limited from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 5.63% | 173.23% |
| 2022 | 2.06% | -136.16% |
| 2021 | -5.69% | -1349.74% |
| 2020 | 0.46% | -57.86% |
| 2019 | 1.08% | -127.18% |
| 2018 | -3.98% | 36.13% |
| 2017 | -2.92% | -40.4% |
| 2016 | -4.90% | 27.96% |
| 2015 | -3.83% | -362.9% |
| 2014 | 1.46% | 752.4% |
| 2013 | 0.17% | -104.13% |
| 2012 | -4.14% | -50.31% |
| 2011 | -8.32% | 1105.76% |
| 2010 | -0.69% | -89.85% |
| 2009 | -6.80% | -358.79% |
| 2008 | 2.63% |
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.