According to Petronet LNG 's latest financial reports and stock price the company's current Operating Margin is 7.37%. At the end of 2023 the company had an Operating Margin of 7.38%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.38% | -30.24% |
2022 | 10.58% | -30.56% |
2021 | 15.23% | 72.95% |
2020 | 8.81% | 1.98% |
2019 | 8.64% | -14.57% |
2018 | 10.11% | 4.39% |
2017 | 9.68% | 115.34% |
2016 | 4.50% | 80.38% |
2015 | 2.49% | -10.75% |
2014 | 2.79% | -48.9% |
2013 | 5.47% | -20.08% |
2012 | 6.84% | -0.4% |
2011 | 6.87% | 21.47% |
2010 | 5.65% | -38.43% |
2009 | 9.18% | -15.82% |
2008 | 10.91% | 26.18% |
2007 | 8.65% | 12.45% |
2006 | 7.69% | -452.38% |
2005 | -2.18% |
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.