According to Nerolac Paints's latest financial reports and stock price the company's current Operating Margin is 18.08%. At the end of 2023 the company had an Operating Margin of 8.42%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.42% | 11% |
2022 | 7.58% | -46.17% |
2021 | 14.09% | 11.18% |
2020 | 12.67% | -1.68% |
2019 | 12.89% | -23.92% |
2018 | 16.94% | -10.52% |
2017 | 18.93% | -33.28% |
2016 | 28.37% | 145.34% |
2015 | 11.56% | 15.4% |
2014 | 10.02% | -33.88% |
2013 | 15.16% | 28.45% |
2012 | 11.80% | -12.72% |
2011 | 13.52% | -3.32% |
2010 | 13.98% | 36.62% |
2009 | 10.24% | -15.64% |
2008 | 12.13% | 0.97% |
2007 | 12.02% | -33.59% |
2006 | 18.10% |
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.