According to Reliance Communications 's latest financial reports and stock price the company's current Operating Margin is -18.01%. At the end of 2023 the company had an Operating Margin of -58.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | -58.46% | 40.09% |
2022 | -41.73% | 57.77% |
2021 | -26.45% | -95.87% |
2020 | -640.53% | -1750.67% |
2019 | 38.80% | -59509.66% |
2018 | -0.07% | -102.76% |
2017 | 2.36% | 123.8% |
2016 | 1.06% | -75.68% |
2015 | 4.35% | 695.59% |
2014 | 0.55% | -86.22% |
2013 | 3.96% | -11.57% |
2012 | 4.48% | -33.72% |
2011 | 6.76% | -72.16% |
2010 | 24.30% | -12.76% |
2009 | 27.85% | -25.9% |
2008 | 37.59% | 79.5% |
2007 | 20.94% |
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.