Madras Rubber Factory
MRF.NS
Operating Margin for Madras Rubber Factory (MRF.NS)
Operating Margin as of April 2024 (TTM): 8.55%
According to Madras Rubber Factory's latest financial reports and stock price the company's current Operating Margin is 8.55%. At the end of 2023 the company had an Operating Margin of 4.65%.
Operating Margin history for Madras Rubber Factory from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 4.65% | -2.57% |
| 2022 | 4.77% | -55.83% |
| 2021 | 10.80% | 21.74% |
| 2020 | 8.87% | -14.09% |
| 2019 | 10.33% | -6.81% |
| 2018 | 11.08% | -29.86% |
| 2017 | 15.80% | |
| 2014 | 10.16% | 0.63% |
| 2013 | 10.09% | 43.63% |
| 2012 | 7.03% | -23.27% |
| 2011 | 9.16% | 26.96% |
| 2010 | 7.21% | 3.19% |
| 2009 | 6.99% | 67.81% |
| 2008 | 4.17% | -29.22% |
| 2007 | 5.89% | 248.26% |
| 2006 | 1.69% | -15.58% |
| 2005 | 2.00% |
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.