According to Steel Authority of India's latest financial reports and stock price the company's current Operating Margin is 2.80%. At the end of 2023 the company had an Operating Margin of 2.77%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.77% | -82.54% |
2022 | 15.86% | 50.44% |
2021 | 10.54% | 94.56% |
2020 | 5.42% | 1.23% |
2019 | 5.35% | -677.92% |
2018 | -0.93% | -91.43% |
2017 | -10.80% | -43.88% |
2016 | -19.25% | -452.35% |
2015 | 5.46% | -24.93% |
2014 | 7.28% | -7.21% |
2013 | 7.84% | -32.06% |
2012 | 11.54% | -29.66% |
2011 | 16.41% | -30.88% |
2010 | 23.74% | 7.42% |
2009 | 22.11% | -24.5% |
2008 | 29.28% | 5.4% |
2007 | 27.78% | 35.12% |
2006 | 20.56% | -35.05% |
2005 | 31.65% | 159.52% |
2004 | 12.20% |
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.