Thermax
THERMAX.NS
$57.20
Share price
1.50%
Change (1 day)
100.91%
Change (1 year)
Categories
Operating Margin for Thermax (THERMAX.NS)
Operating Margin as of May 2024 (TTM): 7.91%
According to Thermax's latest financial reports and stock price the company's current Operating Margin is 7.91%. At the end of 2023 the company had an Operating Margin of 7.45%.
Operating Margin history for Thermax from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 7.45% | 10.23% |
| 2022 | 6.76% | 15.75% |
| 2021 | 5.84% | -11.78% |
| 2020 | 6.62% | -5.01% |
| 2019 | 6.97% | -27.8% |
| 2018 | 9.66% | -3.21% |
| 2017 | 9.98% | 38.98% |
| 2016 | 7.18% | 20.18% |
| 2015 | 5.97% | -22.85% |
| 2014 | 7.74% | -12.61% |
| 2013 | 8.86% | -9.51% |
| 2012 | 9.79% | -7.91% |
| 2011 | 10.63% | 27.45% |
| 2010 | 8.34% | -31.22% |
| 2009 | 12.13% | -4.5% |
| 2008 | 12.70% | 0.59% |
| 2007 | 12.63% | 19.81% |
| 2006 | 10.54% | 30.22% |
| 2005 | 8.09% |
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.