Ratnamani Metals & Tubes
RATNAMANI.NS
$38.97
Share price
3.20%
Change (1 day)
36.39%
Change (1 year)
Operating Margin for Ratnamani Metals & Tubes (RATNAMANI.NS)
Operating Margin as of May 2024 (TTM): 17.00%
According to Ratnamani Metals & Tubes's latest financial reports and stock price the company's current Operating Margin is 17.00%. At the end of 2022 the company had an Operating Margin of 13.80%.
Operating Margin history for Ratnamani Metals & Tubes from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.80% | -12.72% |
| 2021 | 15.82% | 0.53% |
| 2020 | 15.73% | 16.96% |
| 2019 | 13.45% | 4.32% |
| 2018 | 12.89% | -11.29% |
| 2017 | 14.54% | 2.4% |
| 2016 | 14.19% | -12.8% |
| 2015 | 16.28% | -3.21% |
| 2014 | 16.82% | -3.7% |
| 2013 | 17.46% | 53.3% |
| 2012 | 11.39% | -19.15% |
| 2011 | 14.09% | -9.57% |
| 2010 | 15.58% | 33.05% |
| 2009 | 11.71% | -34.25% |
| 2008 | 17.81% | 19.49% |
| 2007 | 14.90% | 0.02% |
| 2006 | 14.90% | 26.57% |
| 2005 | 11.77% |
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.