Wheels India
WHEELS.NS
$7.12
Share price
0.55%
Change (1 day)
12.84%
Change (1 year)
Categories
Operating Margin for Wheels India (WHEELS.NS)
Operating Margin as of May 2024 (TTM): 2.00%
According to Wheels India's latest financial reports and stock price the company's current Operating Margin is 2.00%. At the end of 2022 the company had an Operating Margin of 2.71%.
Operating Margin history for Wheels India from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.71% | 7403.79% |
| 2021 | 0.04% | -97.47% |
| 2020 | 1.43% | -58.54% |
| 2019 | 3.44% | -23.25% |
| 2018 | 4.49% | 24.53% |
| 2017 | 3.60% | 28.93% |
| 2016 | 2.79% | 39.89% |
| 2015 | 2.00% | -6.3% |
| 2014 | 2.13% | -16.94% |
| 2013 | 2.57% | -11.3% |
| 2012 | 2.89% | 48.84% |
| 2011 | 1.94% | 19.25% |
| 2010 | 1.63% | -37.52% |
| 2009 | 2.61% | -25.82% |
| 2008 | 3.52% | -8.82% |
| 2007 | 3.86% |
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.