According to CEAT's latest financial reports and stock price the company's current Operating Margin is 5.16%. At the end of 2023 the company had an Operating Margin of 4.38%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.38% | 36.34% |
2022 | 3.22% | -62.78% |
2021 | 8.64% | 28.12% |
2020 | 6.74% | 1.67% |
2019 | 6.63% | -10.83% |
2018 | 7.44% | -22.06% |
2017 | 9.54% | -22.8% |
2016 | 12.36% | 21.72% |
2015 | 10.16% | 2.82% |
2014 | 9.88% | 56.42% |
2013 | 6.32% | 61.82% |
2012 | 3.90% | -1.56% |
2011 | 3.96% | -62.59% |
2010 | 10.60% | -774.68% |
2009 | -1.57% | -131.18% |
2008 | 5.04% | 76.52% |
2007 | 2.85% | 855.75% |
2006 | 0.30% | -159.05% |
2005 | -0.51% |
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.