According to Zomato's latest financial reports and stock price the company's current Operating Margin is -9.67%. At the end of 2023 the company had an Operating Margin of -14.33%.
Year | Operating Margin | Change |
---|---|---|
2023 | -14.33% | -50.77% |
2022 | -29.11% | -28.79% |
2021 | -40.88% | -55.36% |
2020 | -91.59% | 18.97% |
2019 | -76.99% |
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.