PetroChina
601857.SS
#64
Rank
โ‚ฌ184.27 B
Marketcap
1,07ย โ‚ฌ
Share price
2.47%
Change (1 day)
15.18%
Change (1 year)

PetroChina Company Limited is the largest Chinese oil company with a network of over 18,000 filling stations, making it one of the largest listed companies in the world.

Operating Margin for PetroChina (601857.SS)

Operating Margin as of November 2024 (TTM): 8.67%

According to PetroChina's latest financial reports and stock price the company's current Operating Margin is 8.67%. At the end of 2022 the company had an Operating Margin of 6.58%.

Operating Margin history for PetroChina from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20226.58%8.81%
20216.05%108.7%
20202.90%-29.3%
20194.10%-16.59%
20184.92%79.42%
20172.74%-1.84%
20162.79%-16.68%
20153.35%-51.2%
20146.87%-12.92%
20137.89%3.78%
20127.60%-17.34%
20119.19%-28.84%
201012.92%-5.97%
200913.74%-9.05%
200815.10%-38.29%
200724.48%-15.33%
200628.91%-17.64%
200535.10%-7.79%
200438.06%17.34%
200332.44%14.51%
200228.33%-2.58%
200129.08%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.78% 70.47%๐Ÿ‡บ๐Ÿ‡ธ USA
14.03% 61.82%๐Ÿ‡บ๐Ÿ‡ธ USA
28.04% 223.41%๐Ÿ‡บ๐Ÿ‡ธ USA
11.30% 30.33%๐Ÿ‡ฌ๐Ÿ‡ง UK
3.26%-62.40%๐Ÿ‡จ๐Ÿ‡ณ China
26.70% 207.96%๐Ÿ‡บ๐Ÿ‡ธ USA
8.21%-5.31%๐Ÿ‡บ๐Ÿ‡ธ USA
10.18% 17.42%๐Ÿ‡ฎ๐Ÿ‡น Italy

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.