Ramco Cements
RAMCOCEM.NS
$9.57
Share price
1.06%
Change (1 day)
7.41%
Change (1 year)
Categories
Operating Margin for Ramco Cements (RAMCOCEM.NS)
Operating Margin as of April 2024 (TTM): 8.31%
According to Ramco Cements 's latest financial reports and stock price the company's current Operating Margin is 8.31%. At the end of 2023 the company had an Operating Margin of 5.86%.
Operating Margin history for Ramco Cements from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 5.86% | -56.37% |
| 2022 | 13.43% | -38.02% |
| 2021 | 21.68% | 47.06% |
| 2020 | 14.74% | 5.68% |
| 2019 | 13.95% | -22.02% |
| 2018 | 17.89% | -17.19% |
| 2017 | 21.60% | 10.66% |
| 2016 | 19.52% | 99.04% |
| 2015 | 9.81% | 175.71% |
| 2014 | 3.56% | -76.84% |
| 2013 | 15.35% | -10.29% |
| 2012 | 17.12% | 42.95% |
| 2011 | 11.97% | -39.8% |
| 2010 | 19.89% | -10.81% |
| 2009 | 22.30% | -30.41% |
| 2008 | 32.05% | 4.65% |
| 2007 | 30.62% | 162.03% |
| 2006 | 11.69% | 40.52% |
| 2005 | 8.32% | 3.1% |
| 2004 | 8.07% |
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.