According to Ingersoll Rand India's latest financial reports and stock price the company's current Operating Margin is 25.85%. At the end of 2023 the company had an Operating Margin of 21.78%.
Year | Operating Margin | Change |
---|---|---|
2023 | 21.78% | 31.68% |
2022 | 16.54% | -6.73% |
2021 | 17.73% | 8.12% |
2020 | 16.40% | -6.42% |
2019 | 17.53% | -19.39% |
2018 | 21.74% | 15.56% |
2017 | 18.81% | 46.74% |
2016 | 12.82% | -16.74% |
2015 | 15.40% | -9.46% |
2014 | 17.01% | -10.39% |
2013 | 18.98% | -8.82% |
2012 | 20.82% | 1.41% |
2011 | 20.53% | -4.87% |
2010 | 21.58% | -22.9% |
2009 | 27.99% | 42.96% |
2008 | 19.58% | 56.65% |
2007 | 12.50% | 17.66% |
2006 | 10.62% | 45.55% |
2005 | 7.30% |
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.