According to 3M India's latest financial reports and stock price the company's current Operating Margin is 18.94%. At the end of 2023 the company had an Operating Margin of 15.35%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.35% | 39.25% |
2022 | 11.02% | 30.48% |
2021 | 8.45% | -41.71% |
2020 | 14.49% | -17.18% |
2019 | 17.50% | -4.78% |
2018 | 18.38% | 17.58% |
2017 | 15.63% | 10.23% |
2016 | 14.18% | 58.41% |
2015 | 8.95% | 125.43% |
2014 | 3.97% | -16.95% |
2013 | 4.78% | -30.18% |
2012 | 6.85% | -44.89% |
2011 | 12.43% | |
2008 | 12.26% | -29.8% |
2007 | 17.46% | 13.28% |
2006 | 15.42% | -3.33% |
2005 | 15.95% |
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.