According to Tata Elxsi's latest financial reports and stock price the company's current Operating Margin is 29.81%. At the end of 2023 the company had an Operating Margin of 29.81%.
Year | Operating Margin | Change |
---|---|---|
2023 | 29.81% | -1.19% |
2022 | 30.17% | 7.64% |
2021 | 28.03% | 28.03% |
2020 | 21.89% | -19.33% |
2019 | 27.14% | 3.39% |
2018 | 26.25% | 23.78% |
2017 | 21.21% | -3.52% |
2016 | 21.98% | 20.36% |
2015 | 18.26% | 26.13% |
2014 | 14.48% | 169.77% |
2013 | 5.37% | -47.77% |
2012 | 10.28% | 33.68% |
2011 | 7.69% | -47.95% |
2010 | 14.77% | 0% |
2009 | 14.77% | -3.52% |
2008 | 15.31% | -22.11% |
2007 | 19.65% | 14.62% |
2006 | 17.15% | 0.38% |
2005 | 17.08% |
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.