According to InterGlobe Aviation's latest financial reports and stock price the company's current Operating Margin is 14.67%. At the end of 2023 the company had an Operating Margin of -0.56%.
Year | Operating Margin | Change |
---|---|---|
2023 | -0.56% | -97.64% |
2022 | -23.73% | -42.04% |
2021 | -40.94% | 5564.1% |
2020 | -0.72% | 38.15% |
2019 | -0.52% | -103.77% |
2018 | 13.90% | 19.5% |
2017 | 11.63% | -34.06% |
2016 | 17.63% | 32.29% |
2015 | 13.33% |
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.