Confidence Petroleum
CONFIPET.NS
Operating Margin for Confidence Petroleum (CONFIPET.NS)
Operating Margin as of May 2024 (TTM): 5.46%
According to Confidence Petroleum's latest financial reports and stock price the company's current Operating Margin is 5.46%. At the end of 2022 the company had an Operating Margin of 8.66%.
Operating Margin history for Confidence Petroleum from 2010 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 8.66% | 3.58% |
| 2021 | 8.36% | 14.92% |
| 2020 | 7.27% | -26.9% |
| 2019 | 9.95% | 24.85% |
| 2018 | 7.97% | 99.15% |
| 2017 | 4.00% | 22.95% |
| 2016 | 3.26% | 151.69% |
| 2015 | 1.29% | -78.69% |
| 2014 | 6.07% | 12.12% |
| 2013 | 5.41% | 20.85% |
| 2012 | 4.48% | -49.66% |
| 2011 | 8.90% | 0.08% |
| 2010 | 8.89% |
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.