Nelco
NELCO.NS
$9.04
Share price
-0.93%
Change (1 day)
19.10%
Change (1 year)
Categories
Operating Margin for Nelco (NELCO.NS)
Operating Margin as of May 2024 (TTM): 8.87%
According to Nelco's latest financial reports and stock price the company's current Operating Margin is 8.87%. At the end of 2022 the company had an Operating Margin of 8.90%.
Operating Margin history for Nelco from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 8.90% | 26.75% |
| 2021 | 7.02% | -23.78% |
| 2020 | 9.21% | -12.09% |
| 2019 | 10.48% | 2.98% |
| 2018 | 10.18% | 111.02% |
| 2017 | 4.82% | |
| 2015 | -5.90% | -465.12% |
| 2014 | 1.62% | -112.63% |
| 2013 | -12.80% | -2501.83% |
| 2012 | 0.53% | -104.27% |
| 2011 | -12.47% | -168.43% |
| 2010 | 18.22% | |
| 2008 | 2.95% |
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.