Torrent Pharmaceuticals
TORNTPHARM.NS
$32.28
Share price
-0.12%
Change (1 day)
60.92%
Change (1 year)
Categories
Operating Margin for Torrent Pharmaceuticals (TORNTPHARM.NS)
Operating Margin as of April 2024 (TTM): 22.91%
According to Torrent Pharmaceuticals 's latest financial reports and stock price the company's current Operating Margin is 22.91%. At the end of 2023 the company had an Operating Margin of 19.52%.
Operating Margin history for Torrent Pharmaceuticals from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 19.52% | 34.02% |
| 2022 | 14.56% | -24.76% |
| 2021 | 19.35% | 26.9% |
| 2020 | 15.25% | 102.62% |
| 2019 | 7.53% | -52.64% |
| 2018 | 15.89% | -17.14% |
| 2017 | 19.18% | -47.09% |
| 2016 | 36.26% | 76.65% |
| 2015 | 20.53% | -1.94% |
| 2014 | 20.93% | 9.71% |
| 2013 | 19.08% | 38.02% |
| 2012 | 13.82% | -14.41% |
| 2011 | 16.15% | -10.89% |
| 2010 | 18.12% | 53.76% |
| 2009 | 11.79% | 7.1% |
| 2008 | 11.00% | 31.08% |
| 2007 | 8.40% | 4.49% |
| 2006 | 8.03% | -22.61% |
| 2005 | 10.38% |
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.