Sundaram Finance
SUNDARMHLD.NS
$2.86
Share price
-2.35%
Change (1 day)
175.00%
Change (1 year)
Categories
Operating Margin for Sundaram Finance (SUNDARMHLD.NS)
Operating Margin as of May 2024 (TTM): 48.12%
According to Sundaram Finance's latest financial reports and stock price the company's current Operating Margin is 48.12%. At the end of 2022 the company had an Operating Margin of 28.97%.
Operating Margin history for Sundaram Finance from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 28.97% | 9.46% |
| 2021 | 26.46% | -33.44% |
| 2020 | 39.76% | -7.21% |
| 2019 | 42.85% | 20.12% |
| 2018 | 35.67% | 61.13% |
| 2017 | 22.14% | 32.85% |
| 2016 | 16.66% |
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.