According to Prakash Industries 's latest financial reports and stock price the company's current Operating Margin is 5.16%. At the end of 2022 the company had an Operating Margin of 4.30%.
Year | Operating Margin | Change |
---|---|---|
2022 | 4.30% | 44.96% |
2021 | 2.96% | -25.42% |
2020 | 3.97% | -74.2% |
2019 | 15.40% | 16.42% |
2018 | 13.23% | 225.34% |
2017 | 4.07% | 305.99% |
2016 | 1.00% | 204.23% |
2015 | 0.33% | -95.8% |
2014 | 7.84% | 17.9% |
2013 | 6.65% | -49.24% |
2012 | 13.10% | -68.63% |
2011 | 41.76% | 2.77% |
2010 | 40.63% | 212.1% |
2009 | 13.02% | -21.74% |
2008 | 16.64% |
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.