According to Piramal Enterprises 's latest financial reports and stock price the company's current Operating Margin is 28.32%. At the end of 2023 the company had an Operating Margin of 299.06%.
Year | Operating Margin | Change |
---|---|---|
2023 | 299.06% | 1548.04% |
2022 | 18.15% | -32.94% |
2021 | 27.06% | 149.41% |
2020 | 10.85% | -29.15% |
2019 | 15.31% | -17.56% |
2018 | 18.57% | 5.89% |
2017 | 17.54% | 29.18% |
2016 | 13.58% | -77.2% |
2015 | 59.56% | -711.6% |
2014 | -9.74% | 76.66% |
2013 | -5.51% | -197.26% |
2012 | 5.67% | -99.14% |
2011 | 659.93% | 4686.02% |
2010 | 13.79% | 31.3% |
2009 | 10.50% | -19.76% |
2008 | 13.09% | 18.54% |
2007 | 11.04% | 17.75% |
2006 | 9.38% | -41.81% |
2005 | 16.12% |
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.