Strides Pharma
STAR.NS
#4909
Rank
NZ$2.27 B
Marketcap
$24.78
Share price
-3.13%
Change (1 day)
150.90%
Change (1 year)

Operating Margin for Strides Pharma (STAR.NS)

Operating Margin as of September 2024 (TTM): 6.80%

According to Strides Pharma's latest financial reports and stock price the company's current Operating Margin is 6.80%. At the end of 2023 the company had an Operating Margin of -7.93%.

Operating Margin history for Strides Pharma from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-7.93%-63.26%
2022-21.59%-354.86%
20218.47%311.63%
20202.06%-30.46%
20192.96%3.52%
20182.86%-77.87%
201712.92%121.27%
20165.84%-55.55%
201513.13%
201281.24%648.25%
201110.86%-1.21%
201010.99%0.32%
200910.95%-2.7%
200811.26%-342.4%
2007-4.64%-151.87%
20068.96%-20.81%
200511.31%-6.22%
200412.06%

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.