Solar Industries India
SOLARINDS.NS
#1508
Rank
$11.54 B
Marketcap
$127.62
Share price
-0.32%
Change (1 day)
130.29%
Change (1 year)

Operating Margin for Solar Industries India (SOLARINDS.NS)

Operating Margin as of September 2024 (TTM): 23.80%

According to Solar Industries India's latest financial reports and stock price the company's current Operating Margin is 23.80%. At the end of 2023 the company had an Operating Margin of 16.19%.

Operating Margin history for Solar Industries India from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202316.19%2.06%
202215.87%-2.44%
202116.26%5.73%
202015.38%-7.6%
201916.65%-6.09%
201817.73%3.12%
201717.19%-5.78%
201618.24%21.73%
201514.99%3.28%
201414.51%6.99%
201313.56%-14.76%
201215.91%-10.18%
201117.71%15.16%
201015.38%13.64%
200913.54%-30.76%
200819.55%44.54%
200713.53%-33.08%
200620.21%

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.