Southern Petrochemical Industries Corp
SPIC.NS
$0.98
Share price
0.18%
Change (1 day)
20.99%
Change (1 year)
Categories
Operating Margin for Southern Petrochemical Industries Corp (SPIC.NS)
Operating Margin as of April 2024 (TTM): 33.75%
According to Southern Petrochemical Industries Corp's latest financial reports and stock price the company's current Operating Margin is 33.75%. At the end of 2022 the company had an Operating Margin of 50.59%.
Operating Margin history for Southern Petrochemical Industries Corp from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 50.59% | 79.11% |
| 2021 | 28.24% | -8.02% |
| 2020 | 30.71% | 25.26% |
| 2019 | 24.51% | 11.56% |
| 2018 | 21.97% | 52% |
| 2017 | 14.46% | 78.64% |
| 2016 | 8.09% | -10.43% |
| 2015 | 9.03% | -44.8% |
| 2014 | 16.37% | -91.68% |
| 2013 | 196.66% | 5761.24% |
| 2012 | 3.36% | -111.09% |
| 2011 | -30.26% | -714.02% |
| 2010 | 4.93% | -148.42% |
| 2009 | -10.18% |
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.