Shriram Pistons & Rings
SHRIPISTON.NS
$24.51
Share price
-0.63%
Change (1 day)
74.82%
Change (1 year)
Categories
Operating Margin for Shriram Pistons & Rings (SHRIPISTON.NS)
Operating Margin as of April 2024 (TTM): 13.82%
According to Shriram Pistons & Rings's latest financial reports and stock price the company's current Operating Margin is 13.82%. At the end of 2022 the company had an Operating Margin of 11.44%.
Operating Margin history for Shriram Pistons & Rings from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 11.44% | 36.16% |
| 2021 | 8.40% | 35.18% |
| 2020 | 6.21% | -46.63% |
| 2019 | 11.64% | -13.02% |
| 2018 | 13.38% | 2.86% |
| 2017 | 13.01% | 14.25% |
| 2016 | 11.39% | 27.76% |
| 2015 | 8.91% |
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.