According to Indus Towers 's latest financial reports and stock price the company's current Operating Margin is 34.66%. At the end of 2023 the company had an Operating Margin of 9.72%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.72% | -68.04% |
2022 | 30.42% | -10.77% |
2021 | 34.09% | -39.31% |
2020 | 56.17% | 7.92% |
2019 | 52.05% | -2.36% |
2018 | 53.30% | -9.4% |
2017 | 58.83% | 9.77% |
2016 | 53.60% | 104.94% |
2015 | 26.15% | 21.88% |
2014 | 21.46% | 44% |
2013 | 14.90% | 24.85% |
2012 | 11.94% |
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.