Phoenix Mills
PHOENIXLTD.NS
#2385
Rank
$5.96 B
Marketcap
$33.40
Share price
2.01%
Change (1 day)
112.87%
Change (1 year)

Operating Margin for Phoenix Mills (PHOENIXLTD.NS)

Operating Margin as of March 2024 (TTM): 56.28%

According to Phoenix Mills 's latest financial reports and stock price the company's current Operating Margin is 56.28%. At the end of 2023 the company had an Operating Margin of 63.35%.

Operating Margin history for Phoenix Mills from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202363.35%179.9%
202222.63%704.59%
20212.81%-89.15%
202025.93%-14.41%
201930.30%62.77%
201818.62%16.11%
201716.03%53.15%
201610.47%21.36%
20158.63%-57.05%
201420.08%-24.17%
201326.48%-7.8%
201228.73%-47.54%
201154.75%-11.3%
201061.73%-35.71%
200996.02%21.45%
200879.06%39.23%
200756.79%37.09%
200641.42%9.05%
200537.99%

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.