Madras Rubber Factory
MRF.NS
#2387
Rank
NZ$10.57 B
Marketcap
$2,494
Share price
0.45%
Change (1 day)
12.65%
Change (1 year)
Categories

Operating Margin for Madras Rubber Factory (MRF.NS)

Operating Margin as of November 2024 (TTM): 12.07%

According to Madras Rubber Factory's latest financial reports and stock price the company's current Operating Margin is 12.07%. At the end of 2023 the company had an Operating Margin of 4.68%.

Operating Margin history for Madras Rubber Factory from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.68%-1.89%
20224.77%-55.83%
202110.80%21.74%
20208.87%-14.09%
201910.33%-6.81%
201811.08%-29.86%
201715.80%
201410.16%0.62%
201310.09%43.15%
20127.05%-22.82%
20119.13%26.82%
20107.20%3.04%
20096.99%67.81%
20084.17%-29.22%
20075.89%248.26%
20061.69%-15.58%
20052.00%

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.