Laurus Labs
LAURUSLABS.NS
#3504
Rank
NZ$5.40 B
Marketcap
$10.03
Share price
1.18%
Change (1 day)
35.53%
Change (1 year)

Operating Margin for Laurus Labs (LAURUSLABS.NS)

Operating Margin as of November 2024 (TTM): 3.65%

According to Laurus Labs 's latest financial reports and stock price the company's current Operating Margin is 3.65%. At the end of 2023 the company had an Operating Margin of 20.48%.

Operating Margin history for Laurus Labs from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202320.48%-13.65%
202223.72%-17.4%
202128.72%115.86%
202013.30%53.63%
20198.66%-43.63%
201815.36%-11.94%
201717.44%14.07%
201615.29%36.03%
201511.24%-22.2%
201414.45%

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.