Steel Authority of India
SAIL.NS
#1831
Rank
$8.35 B
Marketcap
$2.02
Share price
2.18%
Change (1 day)
102.00%
Change (1 year)

Operating Margin for Steel Authority of India (SAIL.NS)

Operating Margin as of April 2024 (TTM): 2.80%

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%.

Operating Margin history for Steel Authority of India from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20232.77%-82.54%
202215.86%50.44%
202110.54%94.56%
20205.42%1.23%
20195.35%-677.92%
2018-0.93%-91.43%
2017-10.80%-43.88%
2016-19.25%-452.35%
20155.46%-24.93%
20147.28%-7.21%
20137.84%-32.06%
201211.54%-29.66%
201116.41%-30.88%
201023.74%7.42%
200922.11%-24.5%
200829.28%5.4%
200727.78%35.12%
200620.56%-35.05%
200531.65%159.52%
200412.20%

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.