Relaxo Footwear
RELAXO.NS
$9.77
Share price
-0.70%
Change (1 day)
-1.21%
Change (1 year)
Categories
Operating Margin for Relaxo Footwear (RELAXO.NS)
Operating Margin as of April 2024 (TTM): 8.13%
According to Relaxo Footwear's latest financial reports and stock price the company's current Operating Margin is 8.13%. At the end of 2023 the company had an Operating Margin of 7.55%.
Operating Margin history for Relaxo Footwear from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 7.55% | -35.95% |
| 2022 | 11.78% | -29.35% |
| 2021 | 16.68% | 36.8% |
| 2020 | 12.19% | 3.58% |
| 2019 | 11.77% | -5.47% |
| 2018 | 12.45% | 19.43% |
| 2017 | 10.42% | 0.55% |
| 2016 | 10.37% | 7.62% |
| 2015 | 9.63% | 22.2% |
| 2014 | 7.88% | 17.61% |
| 2013 | 6.70% | 8.36% |
| 2012 | 6.19% | 19.28% |
| 2011 | 5.19% | -46.61% |
| 2010 | 9.71% | 62.3% |
| 2009 | 5.98% | 9.28% |
| 2008 | 5.48% |
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.