Prince Pipes And Fittings
PRINCEPIPE.NS
$7.58
Share price
-0.68%
Change (1 day)
2.16%
Change (1 year)
Operating Margin for Prince Pipes And Fittings (PRINCEPIPE.NS)
Operating Margin as of May 2024 (TTM): 5.41%
According to Prince Pipes And Fittings 's latest financial reports and stock price the company's current Operating Margin is 5.41%. At the end of 2022 the company had an Operating Margin of 13.18%.
Operating Margin history for Prince Pipes And Fittings from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.18% | -13.96% |
| 2021 | 15.32% | 39.77% |
| 2020 | 10.96% | 18.97% |
| 2019 | 9.21% | -4.99% |
| 2018 | 9.69% | -6.02% |
| 2017 | 10.32% | 53.64% |
| 2016 | 6.71% | 23.85% |
| 2015 | 5.42% | -21.09% |
| 2014 | 6.87% |
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.