PI Industries
PIIND.NS
$44.89
Share price
-0.71%
Change (1 day)
8.46%
Change (1 year)
Categories
Operating Margin for PI Industries (PIIND.NS)
Operating Margin as of April 2024 (TTM): 23.37%
According to PI Industries's latest financial reports and stock price the company's current Operating Margin is 23.37%. At the end of 2023 the company had an Operating Margin of 22.25%.
Operating Margin history for PI Industries from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 22.25% | 13.14% |
| 2022 | 19.66% | -5.3% |
| 2021 | 20.76% | 11.85% |
| 2020 | 18.56% | -3.65% |
| 2019 | 19.27% | -7.1% |
| 2018 | 20.74% | -8.65% |
| 2017 | 22.70% | 16.15% |
| 2016 | 19.55% | 6.57% |
| 2015 | 18.34% | 11.37% |
| 2014 | 16.47% | 30.41% |
| 2013 | 12.63% | -22.78% |
| 2012 | 16.35% | 28.87% |
| 2011 | 12.69% | 20.38% |
| 2010 | 10.54% | 53.21% |
| 2009 | 6.88% | 160.94% |
| 2008 | 2.64% | -4.98% |
| 2007 | 2.77% |
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.