Orient Electric
ORIENTELEC.NS
#6469
Rank
ยฃ0.45 B
Marketcap
ยฃ2.13
Share price
0.66%
Change (1 day)
2.08%
Change (1 year)

Operating Margin for Orient Electric (ORIENTELEC.NS)

Operating Margin as of November 2024 (TTM): 3.41%

According to Orient Electric 's latest financial reports and stock price the company's current Operating Margin is 3.41%. At the end of 2023 the company had an Operating Margin of 4.10%.

Operating Margin history for Orient Electric from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.10%-41.93%
20227.05%-12.91%
20218.10%44.06%
20205.62%-1.79%
20195.72%-8.13%
20186.23%

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.