Spandana Sphoorty Financial
SPANDANA.NS
$10.45
Share price
-0.22%
Change (1 day)
43.54%
Change (1 year)
Categories
Operating Margin for Spandana Sphoorty Financial (SPANDANA.NS)
Operating Margin as of May 2024 (TTM): 29.68%
According to Spandana Sphoorty Financial's latest financial reports and stock price the company's current Operating Margin is 29.68%. At the end of 2022 the company had an Operating Margin of 7.30%.
Operating Margin history for Spandana Sphoorty Financial from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.30% | -48.45% |
| 2021 | 14.16% | -71.31% |
| 2020 | 49.37% | 3.19% |
| 2019 | 47.84% | -3.01% |
| 2018 | 49.33% | 304.95% |
| 2017 | 12.18% | -82.81% |
| 2016 | 70.86% | 99.61% |
| 2015 | 35.50% |
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.