According to Voltas 's latest financial reports and stock price the company's current Operating Margin is 3.58%. At the end of 2023 the company had an Operating Margin of 3.27%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.27% | -63.26% |
2022 | 8.89% | -6.5% |
2021 | 9.51% | -2.54% |
2020 | 9.76% | 2.06% |
2019 | 9.56% | -24.49% |
2018 | 12.66% | 4.96% |
2017 | 12.06% | 27.44% |
2016 | 9.47% | -5.19% |
2015 | 9.98% | 54.02% |
2014 | 6.48% | 27.75% |
2013 | 5.07% | 20.12% |
2012 | 4.22% | -58.3% |
2011 | 10.13% | -8.45% |
2010 | 11.07% | 28.77% |
2009 | 8.59% | -10.43% |
2008 | 9.59% | -0.03% |
2007 | 9.60% | 95.27% |
2006 | 4.91% | 20.41% |
2005 | 4.08% | 14.51% |
2004 | 3.56% |
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.