Reliance Industries
RELIANCE.NS
$35.28
Share price
0.40%
Change (1 day)
23.62%
Change (1 year)
Categories
Operating Margin for Reliance Industries (RELIANCE.NS)
Operating Margin as of April 2024 (TTM): 10.59%
According to Reliance Industries's latest financial reports and stock price the company's current Operating Margin is 10.59%. At the end of 2023 the company had an Operating Margin of 13.00%.
Operating Margin history for Reliance Industries from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 13.00% | -7.66% |
| 2022 | 14.08% | -10.37% |
| 2021 | 15.71% | 27.63% |
| 2020 | 12.31% | -0.93% |
| 2019 | 12.43% | -14.12% |
| 2018 | 14.47% | 2.3% |
| 2017 | 14.14% | 1.61% |
| 2016 | 13.92% | 55.53% |
| 2015 | 8.95% | 24.34% |
| 2014 | 7.20% | -0.74% |
| 2013 | 7.25% | -8.15% |
| 2012 | 7.89% | -14.56% |
| 2011 | 9.24% | -32.23% |
| 2010 | 13.63% | 38.43% |
| 2009 | 9.85% | -42.81% |
| 2008 | 17.22% | 37.45% |
| 2007 | 12.53% | -9.73% |
| 2006 | 13.88% | -9.24% |
| 2005 | 15.29% |
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.