Shree Cement
SHREECEM.NS
$292.89
Share price
1.24%
Change (1 day)
-0.68%
Change (1 year)
Operating Margin for Shree Cement (SHREECEM.NS)
Operating Margin as of May 2024 (TTM): 11.35%
According to Shree Cement 's latest financial reports and stock price the company's current Operating Margin is 11.35%. At the end of 2023 the company had an Operating Margin of 8.37%.
Operating Margin history for Shree Cement from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 8.37% | -57.76% |
| 2022 | 19.83% | -13.03% |
| 2021 | 22.80% | 48.52% |
| 2020 | 15.35% | 64.28% |
| 2019 | 9.34% | -49.65% |
| 2018 | 18.56% | 1.82% |
| 2017 | 18.23% | -14.56% |
| 2016 | 21.33% | 241.88% |
| 2015 | 6.24% | -55.13% |
| 2014 | 13.91% | -30.8% |
| 2013 | 20.10% | |
| 2011 | 3.14% | -86.85% |
| 2010 | 23.90% | -10.26% |
| 2009 | 26.63% | 49.35% |
| 2008 | 17.83% | 28.74% |
| 2007 | 13.85% | 240.7% |
| 2006 | 4.06% | -24.01% |
| 2005 | 5.35% |
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.