Varroc
VARROC.NS
$6.40
Share price
1.48%
Change (1 day)
80.28%
Change (1 year)
Categories
Operating Margin for Varroc (VARROC.NS)
Operating Margin as of May 2024 (TTM): -49.06%
According to Varroc's latest financial reports and stock price the company's current Operating Margin is -49.06%. At the end of 2022 the company had an Operating Margin of -0.52%.
Operating Margin history for Varroc from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -0.52% | -88.27% |
| 2021 | -4.43% | -1340.51% |
| 2020 | 0.36% | -92.22% |
| 2019 | 4.59% | -8.53% |
| 2018 | 5.02% | 41.84% |
| 2017 | 3.54% | -28.92% |
| 2016 | 4.98% | 428.96% |
| 2015 | 0.94% |
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.