According to Persistent Systems 's latest financial reports and stock price the company's current Operating Margin is 14.98%. At the end of 2023 the company had an Operating Margin of 14.86%.
Year | Operating Margin | Change |
---|---|---|
2023 | 14.86% | -8.19% |
2022 | 16.18% | 11.22% |
2021 | 14.55% | 14.72% |
2020 | 12.69% | -12.2% |
2019 | 14.45% | 2.11% |
2018 | 14.15% | 1.65% |
2017 | 13.92% | -18.64% |
2016 | 17.11% | -17.02% |
2015 | 20.62% | 0.44% |
2014 | 20.53% | 1.05% |
2013 | 20.32% | 3.23% |
2012 | 19.68% | 1.55% |
2011 | 19.38% | -6.1% |
2010 | 20.64% | 82.77% |
2009 | 11.29% | -46.04% |
2008 | 20.93% | 17.73% |
2007 | 17.78% | -3.61% |
2006 | 18.44% | -19.14% |
2005 | 22.81% |
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.