Chennai Petroleum
CHENNPETRO.NS
Operating Margin for Chennai Petroleum (CHENNPETRO.NS)
Operating Margin as of April 2024 (TTM): 6.81%
According to Chennai Petroleum's latest financial reports and stock price the company's current Operating Margin is 6.81%. At the end of 2022 the company had an Operating Margin of 4.25%.
Operating Margin history for Chennai Petroleum from 2012 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 4.25% | -26.65% |
| 2021 | 5.80% | -171.8% |
| 2020 | -8.07% | 1050.27% |
| 2019 | -0.70% | -115.48% |
| 2018 | 4.53% | -9.48% |
| 2017 | 5.01% | 58.6% |
| 2016 | 3.16% | -278.13% |
| 2015 | -1.77% | 164.35% |
| 2014 | -0.67% | -83.07% |
| 2013 | -3.96% | 921.96% |
| 2012 | -0.39% | -116.81% |
| 2011 | 2.31% | -15.77% |
| 2010 | 2.74% | -247.56% |
| 2009 | -1.86% | -130.2% |
| 2008 | 6.14% | 72.26% |
| 2007 | 3.57% | 4.18% |
| 2006 | 3.42% | -47.97% |
| 2005 | 6.58% |
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.