According to SpiceJet 's latest financial reports and stock price the company's current Operating Margin is -19.13%. At the end of 2022 the company had an Operating Margin of -27.21%.
Year | Operating Margin | Change |
---|---|---|
2022 | -27.21% | 31.77% |
2021 | -20.65% | 164.73% |
2020 | -7.80% | 129.47% |
2019 | -3.40% | -147.15% |
2018 | 7.21% | 2.98% |
2017 | 7.00% | -13.67% |
2016 | 8.11% | -156.26% |
2015 | -14.42% | -9.49% |
2014 | -15.93% | 365.58% |
2013 | -3.42% | -77.73% |
2012 | -15.36% | -445.13% |
2011 | 4.45% | 32.28% |
2010 | 3.36% | -116.86% |
2009 | -19.95% | 98.84% |
2008 | -10.04% | -3.18% |
2007 | -10.36% | -5.39% |
2006 | -10.96% |
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.