Cummins India
CUMMINSIND.NS
#1595
Rank
NZ$18.32 B
Marketcap
$66.10
Share price
-0.58%
Change (1 day)
79.34%
Change (1 year)

Operating Margin for Cummins India (CUMMINSIND.NS)

Operating Margin as of November 2024 (TTM): 26.22%

According to Cummins India's latest financial reports and stock price the company's current Operating Margin is 26.22%. At the end of 2023 the company had an Operating Margin of 21.04%.

Operating Margin history for Cummins India from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202321.04%4.52%
202220.13%2.52%
202119.63%20.76%
202016.26%-8.89%
201917.85%3.86%
201817.18%-0.36%
201717.24%-1.99%
201617.59%-9.23%
201519.38%17.32%
201416.52%-29.23%
201323.34%14.37%
201220.41%2.23%
201119.97%-7.34%
201021.55%22.24%
200917.63%6.72%
200816.52%3.66%
200715.93%-122.46%
2006-70.93%-738.8%
200511.10%

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.