Southern Petrochemical Industries Corp
SPIC.NS
#7748
Rank
C$0.27 B
Marketcap
$1.35
Share price
2.25%
Change (1 day)
11.62%
Change (1 year)

Operating Margin for Southern Petrochemical Industries Corp (SPIC.NS)

Operating Margin as of September 2024 (TTM): 10.77%

According to Southern Petrochemical Industries Corp's latest financial reports and stock price the company's current Operating Margin is 10.77%. At the end of 2023 the company had an Operating Margin of 66.15%.

Operating Margin history for Southern Petrochemical Industries Corp from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202366.15%30.78%
202250.59%79.11%
202128.24%-8.02%
202030.71%44.09%
201921.31%-3.01%
201821.97%10.8%
201719.83%145.05%
20168.09%-10.43%
20159.03%-45.78%
201416.66%-91.53%
2013196.66%5761.24%
20123.36%-106.87%
2011-48.82%-1090.76%
20104.93%-148.42%
2009-10.18%

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.