According to CRISIL 's latest financial reports and stock price the company's current Operating Margin is 28.42%. At the end of 2023 the company had an Operating Margin of 27.64%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.64% | 3.07% |
2022 | 26.81% | -0.25% |
2021 | 26.88% | 16.24% |
2020 | 23.12% | -18.54% |
2019 | 28.39% | -0.65% |
2018 | 28.57% | 9.28% |
2017 | 26.15% | -7.73% |
2016 | 28.33% | -3.62% |
2015 | 29.40% | -2.01% |
2014 | 30.00% | -21.62% |
2013 | 38.28% | 19.32% |
2012 | 32.08% | -5.99% |
2011 | 34.13% | -19.64% |
2010 | 42.47% | 9.98% |
2009 | 38.61% | 6.23% |
2008 | 36.35% | 32.85% |
2007 | 27.36% | -2% |
2006 | 27.92% | 10.35% |
2005 | 25.30% |
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.