Orient Electric
ORIENTELEC.NS
$2.74
Share price
6.29%
Change (1 day)
2.27%
Change (1 year)
Categories
Operating Margin for Orient Electric (ORIENTELEC.NS)
Operating Margin as of May 2024 (TTM): 5.87%
According to Orient Electric 's latest financial reports and stock price the company's current Operating Margin is 5.87%. At the end of 2022 the company had an Operating Margin of 7.05%.
Operating Margin history for Orient Electric from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.05% | -12.91% |
| 2021 | 8.10% | 44.06% |
| 2020 | 5.62% | -1.79% |
| 2019 | 5.72% | -8.12% |
| 2018 | 6.23% |
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.