Elgi Equipments
ELGIEQUIP.NS
$6.53
Share price
-1.24%
Change (1 day)
-40.90%
Change (1 year)
Operating Margin for Elgi Equipments (ELGIEQUIP.NS)
Operating Margin as of March 2025 (TTM): 14.35%
According to Elgi Equipments 's latest financial reports and stock price the company's current Operating Margin is 14.35%. At the end of 2023 the company had an Operating Margin of 16.89%.
Operating Margin history for Elgi Equipments from 2012 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 16.89% | 61.04% |
| 2022 | 10.49% | 31.29% |
| 2021 | 7.99% | 110.04% |
| 2020 | 3.80% | -50.63% |
| 2019 | 7.70% | -9.56% |
| 2018 | 8.52% | 15.88% |
| 2017 | 7.35% | 36.27% |
| 2016 | 5.39% | 3.31% |
| 2015 | 5.22% | -2.98% |
| 2014 | 5.38% | -34.08% |
| 2013 | 8.16% | -27.09% |
| 2012 | 11.19% | -22.62% |
| 2011 | 14.47% | 4.14% |
| 2010 | 13.89% | 17.47% |
| 2009 | 11.83% | 1.14% |
| 2008 | 11.69% | 40.71% |
| 2007 | 8.31% | 5.68% |
| 2006 | 7.86% |
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.