According to Central Bank of India's latest financial reports and stock price the company's current Operating Margin is 17.98%. At the end of 2023 the company had an Operating Margin of 10.16%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.16% | 19.33% |
2022 | 8.52% | -210.68% |
2021 | -7.69% | -30.04% |
2020 | -11.00% | -81.95% |
2019 | -60.94% | 9.85% |
2018 | -55.48% | 115.46% |
2017 | -25.75% | 108.86% |
2016 | -12.33% | -282.99% |
2015 | 6.74% | -145.48% |
2014 | -14.81% | -206.9% |
2013 | 13.86% | 67.21% |
2012 | 8.29% | -56.75% |
2011 | 19.16% | -22.74% |
2010 | 24.80% | 43.7% |
2009 | 17.26% | -3.85% |
2008 | 17.95% | 5.38% |
2007 | 17.03% | 98.1% |
2006 | 8.60% | -19.68% |
2005 | 10.71% | -47.86% |
2004 | 20.53% | 43.27% |
2003 | 14.33% |
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.