National Mineral Development Corporation
NMDC.NS
Operating Margin for National Mineral Development Corporation (NMDC.NS)
Operating Margin as of April 2024 (TTM): 43.70%
According to National Mineral Development Corporation's latest financial reports and stock price the company's current Operating Margin is 43.70%. At the end of 2023 the company had an Operating Margin of 43.28%.
Operating Margin history for National Mineral Development Corporation from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 43.28% | -13.66% |
| 2022 | 50.13% | -13.39% |
| 2021 | 57.88% | 10.73% |
| 2020 | 52.27% | -11.7% |
| 2019 | 59.20% | 11.32% |
| 2018 | 53.18% | 9.49% |
| 2017 | 48.57% | -30.27% |
| 2016 | 69.65% | -11.72% |
| 2015 | 78.89% | -2.47% |
| 2014 | 80.89% | -8.49% |
| 2013 | 88.40% | -7.48% |
| 2012 | 95.54% | 11.67% |
| 2011 | 85.56% | 2.51% |
| 2010 | 83.46% | -5.04% |
| 2009 | 87.89% | 1.46% |
| 2008 | 86.63% | 3.65% |
| 2007 | 83.57% | 11.96% |
| 2006 | 74.65% | 36.04% |
| 2005 | 54.87% | 29.49% |
| 2004 | 42.38% |
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.