Olectra Greentech
OLECTRA.NS
$20.35
Share price
0.03%
Change (1 day)
151.57%
Change (1 year)
Operating Margin for Olectra Greentech (OLECTRA.NS)
Operating Margin as of May 2024 (TTM): 8.19%
According to Olectra Greentech's latest financial reports and stock price the company's current Operating Margin is 8.19%. At the end of 2022 the company had an Operating Margin of 9.65%.
Operating Margin history for Olectra Greentech from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.65% | 101.65% |
| 2021 | 4.78% | -65.01% |
| 2020 | 13.67% | -242.99% |
| 2019 | -9.56% | -202.03% |
| 2018 | 9.37% | -23.12% |
| 2017 | 12.19% | -1.44% |
| 2016 | 12.37% | 10.76% |
| 2015 | 11.17% | 4.39% |
| 2014 | 10.70% | 6.07% |
| 2013 | 10.09% | -0.11% |
| 2012 | 10.10% | -17.15% |
| 2011 | 12.19% | -29.68% |
| 2010 | 17.33% | -25.04% |
| 2009 | 23.12% | -17.53% |
| 2008 | 28.03% |
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.