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%.
Year | Operating Margin | Change |
---|---|---|
2023 | 38.91% | 18.47% |
2022 | 32.84% | 45.63% |
2021 | 22.55% | -34.8% |
2020 | 34.59% | -11.85% |
2019 | 39.23% | -6.58% |
2018 | 42.00% | 43.59% |
2017 | 29.25% | -17.87% |
2016 | 35.62% | -15.35% |
2015 | 42.07% | -11.64% |
2014 | 47.62% | -13.81% |
2013 | 55.25% | |
2011 | 52.11% | -27.28% |
2010 | 71.65% | 52.8% |
2009 | 46.89% | 3.79% |
2008 | 45.18% | -4.36% |
2007 | 47.24% | 16.48% |
2006 | 40.56% | 22.55% |
2005 | 33.09% | -10.37% |
2004 | 36.92% |
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.