Sumitomo Chemical
India
SUMICHEM.NS
$4.85
Share price
-0.69%
Change (1 day)
-1.82%
Change (1 year)
Categories
Operating Margin for Sumitomo Chemical India (SUMICHEM.NS)
Operating Margin as of April 2024 (TTM): 18.78%
According to Sumitomo Chemical India's latest financial reports and stock price the company's current Operating Margin is 18.78%. At the end of 2023 the company had an Operating Margin of 18.63%.
Operating Margin history for Sumitomo Chemical India from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 18.63% | -1.61% |
| 2022 | 18.94% | 9.77% |
| 2021 | 17.25% | 55.18% |
| 2020 | 11.12% | -6.61% |
| 2019 | 11.90% | 1.86% |
| 2018 | 11.69% | -12.53% |
| 2017 | 13.36% | -4.62% |
| 2016 | 14.01% |
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.