According to Rane Brake Lining's latest financial reports and stock price the company's current Operating Margin is 7.58%. At the end of 2022 the company had an Operating Margin of 6.88%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.88% | -38.34% |
2021 | 11.16% | 17.33% |
2020 | 9.51% | -1.07% |
2019 | 9.61% | -15.54% |
2018 | 11.38% | 28.66% |
2017 | 8.85% | 8.08% |
2016 | 8.18% | 29.09% |
2015 | 6.34% | 5.83% |
2014 | 5.99% | 23.66% |
2013 | 4.84% | -39.29% |
2012 | 7.98% | 1.3% |
2011 | 7.88% | -3.34% |
2010 | 8.15% | 49.08% |
2009 | 5.47% | -31.79% |
2008 | 8.01% | 8.17% |
2007 | 7.41% |
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.