Indian Oil
IOC.NS
#702
Rank
C$39.22 B
Marketcap
$2.78
Share price
-0.79%
Change (1 day)
84.88%
Change (1 year)

Operating Margin for Indian Oil (IOC.NS)

Operating Margin as of September 2024 (TTM): 5.55%

According to Indian Oil's latest financial reports and stock price the company's current Operating Margin is 5.55%. At the end of 2023 the company had an Operating Margin of 1.82%.

Operating Margin history for Indian Oil from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.82%-68.94%
20225.85%-31.29%
20218.52%-667.84%
2020-1.50%-130.05%
20194.99%-40.17%
20188.34%4.48%
20177.98%49.37%
20165.34%229.05%
20151.62%-26.98%
20142.22%100.44%
20131.11%0.01%
20121.11%-66.01%
20113.26%-49.38%
20106.45%331.55%
20091.49%-74.85%
20085.94%-5.61%
20076.29%31.45%
20064.79%-16.31%
20055.72%-40.8%
20049.67%

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.