Jindal Steel & Power
JINDALSTEL.NS
#1457
Rank
ยฃ9.31 B
Marketcap
ยฃ9.17
Share price
0.66%
Change (1 day)
35.72%
Change (1 year)

Operating Margin for Jindal Steel & Power (JINDALSTEL.NS)

Operating Margin as of September 2024 (TTM): 15.59%

According to Jindal Steel & Power 's latest financial reports and stock price the company's current Operating Margin is 15.59%. At the end of 2023 the company had an Operating Margin of 6.09%.

Operating Margin history for Jindal Steel & Power from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.09%-62.02%
202216.04%-13.62%
202118.57%-1610.58%
2020-1.23%-79.47%
2019-5.99%8.18%
2018-5.53%-49.62%
2017-10.99%-35.27%
2016-16.97%112.97%
2015-7.97%-161.18%
201413.02%-32.7%
201319.35%-32.08%
201228.50%-25.08%
201138.03%-7.36%
201041.05%17.14%
200935.05%26.62%
200827.68%3.54%
200726.73%-4.91%
200628.11%

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.