Persistent Systems
PERSISTENT.NS
#3171
Rank
$3.63 B
Marketcap
$47.82
Share price
-1.61%
Change (1 day)
-11.15%
Change (1 year)

Operating Margin for Persistent Systems (PERSISTENT.NS)

Operating Margin as of March 2024 (TTM): 14.98%

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%.

Operating Margin history for Persistent Systems from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202314.86%-8.19%
202216.18%11.22%
202114.55%14.72%
202012.69%-12.2%
201914.45%2.11%
201814.15%1.65%
201713.92%-18.64%
201617.11%-17.02%
201520.62%0.44%
201420.53%1.05%
201320.32%3.23%
201219.68%1.55%
201119.38%-6.1%
201020.64%82.77%
200911.29%-46.04%
200820.93%17.73%
200717.78%-3.61%
200618.44%-19.14%
200522.81%

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.