Texmaco Rail & Engineering
TEXRAIL.NS
$2.14
Share price
-1.54%
Change (1 day)
205.71%
Change (1 year)
Categories
Operating Margin for Texmaco Rail & Engineering (TEXRAIL.NS)
Operating Margin as of May 2024 (TTM): 0.07%
According to Texmaco Rail & Engineering's latest financial reports and stock price the company's current Operating Margin is 0.07%. At the end of 2022 the company had an Operating Margin of 1.63%.
Operating Margin history for Texmaco Rail & Engineering from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.63% | 723.97% |
| 2021 | 0.20% | -103.55% |
| 2020 | -5.57% | -220.7% |
| 2019 | 4.61% | 106.93% |
| 2018 | 2.23% | -24.97% |
| 2017 | 2.97% | 44.95% |
| 2016 | 2.05% | -44.58% |
| 2015 | 3.70% | -12.11% |
| 2014 | 4.21% | -74.1% |
| 2013 | 16.25% | -9.34% |
| 2012 | 17.92% | -4.24% |
| 2011 | 18.72% |
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.