Jio Financial Services
JIOFIN.NS
#821
Rank
$23.96 B
Marketcap
$3.77
Share price
6.33%
Change (1 day)
39.67%
Change (1 year)

Operating Margin for Jio Financial Services (JIOFIN.NS)

Operating Margin as of November 2024 (TTM): 75.74%

According to Jio Financial Services's latest financial reports and stock price the company's current Operating Margin is 75.74%. At the end of 2023 the company had an Operating Margin of 206.89%.

Operating Margin history for Jio Financial Services from 2024 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023206.89%126.17%
202291.48%-309.25%
2021-43.72%-43.1%
2020-76.83%-58.09%
2019-183.34%-427.37%
201856.00%-49.41%
2017110.69%

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.