According to ZF Commercial Vehicle Control Systems India's latest financial reports and stock price the company's current Operating Margin is 13.41%. At the end of 2023 the company had an Operating Margin of 12.66%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.66% | 61.57% |
2022 | 7.84% | -6.53% |
2021 | 8.38% | -29.42% |
2020 | 11.88% | -19.21% |
2019 | 14.70% | -1.48% |
2018 | 14.92% | 2.54% |
2017 | 14.55% | -1.78% |
2016 | 14.82% | 12.14% |
2015 | 13.21% | -9.57% |
2014 | 14.61% | -24.3% |
2013 | 19.31% | -6.7% |
2012 | 20.69% | -6.26% |
2011 | 22.07% | 7.65% |
2010 | 20.50% | 47% |
2009 | 13.95% | -30.77% |
2008 | 20.15% |
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.