Kitex Garments
KITEX.NS
#6909
Rank
S$0.49 B
Marketcap
$7.50
Share price
4.66%
Change (1 day)
130.54%
Change (1 year)
Categories

Operating Margin for Kitex Garments (KITEX.NS)

Operating Margin as of September 2024 (TTM): 17.04%

According to Kitex Garments's latest financial reports and stock price the company's current Operating Margin is 17.04%. At the end of 2023 the company had an Operating Margin of 15.00%.

Operating Margin history for Kitex Garments from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.00%-35.13%
202223.13%25.4%
202118.44%-7.1%
202019.85%-14%
201923.08%9.82%
201821.02%-28.35%
201729.33%-6.4%
201631.34%13.06%
201527.72%39%
201419.94%43.53%
201313.89%8.08%
201212.86%-0.31%
201112.90%14.81%
201011.23%27.61%
20098.80%6.77%
20088.24%-17.22%
20079.96%

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.