Relaxo Footwear
RELAXO.NS
#3923
Rank
โ‚น208.80 B
Marketcap
โ‚น837.55
Share price
1.17%
Change (1 day)
-7.15%
Change (1 year)
Categories

Operating Margin for Relaxo Footwear (RELAXO.NS)

Operating Margin as of September 2024 (TTM): 8.68%

According to Relaxo Footwear's latest financial reports and stock price the company's current Operating Margin is 8.68%. At the end of 2023 the company had an Operating Margin of 7.55%.

Operating Margin history for Relaxo Footwear from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.55%-35.53%
202211.71%-29.8%
202116.68%36.8%
202012.19%3.58%
201911.77%-6.68%
201812.61%15.55%
201710.91%5.2%
201610.37%7.69%
20159.63%22.24%
20147.88%17.57%
20136.70%8.36%
20126.19%20.36%
20115.14%-47.09%
20109.71%65.03%
20095.89%7.47%
20085.48%

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.