Gulf Oil Lubricants
GULFOILLUB.NS
$11.21
Share price
0.58%
Change (1 day)
110.69%
Change (1 year)
Operating Margin for Gulf Oil Lubricants (GULFOILLUB.NS)
Operating Margin as of May 2024 (TTM): 11.08%
According to Gulf Oil Lubricants's latest financial reports and stock price the company's current Operating Margin is 11.08%. At the end of 2022 the company had an Operating Margin of 13.16%.
Operating Margin history for Gulf Oil Lubricants from 2015 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.16% | -23.77% |
| 2021 | 17.26% | 3.14% |
| 2020 | 16.74% | -0.32% |
| 2019 | 16.79% | -9.73% |
| 2018 | 18.60% | 11.72% |
| 2017 | 16.65% | 7.71% |
| 2016 | 15.46% | 24.06% |
| 2015 | 12.46% |
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.