Oil India
OIL.NS
#1508
Rank
$11.38 B
Marketcap
$7.00
Share price
-5.43%
Change (1 day)
125.03%
Change (1 year)

Operating Margin for Oil India (OIL.NS)

Operating Margin as of July 2024 (TTM): 33.68%

According to Oil India 's latest financial reports and stock price the company's current Operating Margin is 33.68%. At the end of 2023 the company had an Operating Margin of 38.91%.

Operating Margin history for Oil India from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202338.91%18.47%
202232.84%45.63%
202122.55%-34.8%
202034.59%-11.85%
201939.23%-6.58%
201842.00%43.59%
201729.25%-17.87%
201635.62%-15.35%
201542.07%-11.64%
201447.62%-13.81%
201355.25%
201152.11%-27.28%
201071.65%52.8%
200946.89%3.79%
200845.18%-4.36%
200747.24%16.48%
200640.56%22.55%
200533.09%-10.37%
200436.92%

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.