Mishra Dhatu Nigam
MIDHANI.NS
#5993
Rank
C$1.09 B
Marketcap
$5.83
Share price
-3.56%
Change (1 day)
-8.88%
Change (1 year)

Operating Margin for Mishra Dhatu Nigam (MIDHANI.NS)

Operating Margin as of December 2024 (TTM): 14.72%

According to Mishra Dhatu Nigam's latest financial reports and stock price the company's current Operating Margin is 14.72%. At the end of 2023 the company had an Operating Margin of 24.88%.

Operating Margin history for Mishra Dhatu Nigam from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202324.88%-10.69%
202227.86%0.14%
202127.82%-1.07%
202028.12%4.63%
201926.88%-10.29%
201829.96%24.68%
201724.03%6.04%
201622.66%9.48%
201520.70%-5.47%
201421.89%2.99%
201321.26%

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.