Rico Auto Industries
RICOAUTO.NS
$1.70
Share price
3.54%
Change (1 day)
93.18%
Change (1 year)
Categories
Operating Margin for Rico Auto Industries (RICOAUTO.NS)
Operating Margin as of April 2024 (TTM): 5.00%
According to Rico Auto Industries's latest financial reports and stock price the company's current Operating Margin is 5.00%. At the end of 2022 the company had an Operating Margin of 2.11%.
Operating Margin history for Rico Auto Industries from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.11% | -289.6% |
| 2021 | -1.11% | -179.92% |
| 2020 | 1.39% | -73.8% |
| 2019 | 5.30% | -10.66% |
| 2018 | 5.94% | 3.38% |
| 2017 | 5.74% | 40.47% |
| 2016 | 4.09% | -70.49% |
| 2015 | 13.86% | 1531.58% |
| 2014 | 0.85% | -6.98% |
| 2013 | 0.91% | -60.38% |
| 2012 | 2.30% | 23.77% |
| 2011 | 1.86% | 1335.28% |
| 2010 | 0.13% | -143.29% |
| 2009 | -0.30% | -106.46% |
| 2008 | 4.64% | -30.24% |
| 2007 | 6.65% |
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.