Hindustan Petroleum
HINDPETRO.NS
Operating Margin for Hindustan Petroleum (HINDPETRO.NS)
Operating Margin as of April 2024 (TTM): 3.05%
According to Hindustan Petroleum 's latest financial reports and stock price the company's current Operating Margin is 3.05%. At the end of 2023 the company had an Operating Margin of -2.27%.
Operating Margin history for Hindustan Petroleum from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -2.27% | -186.66% |
| 2022 | 2.62% | -57.11% |
| 2021 | 6.12% | 1092.16% |
| 2020 | 0.51% | -85.99% |
| 2019 | 3.66% | -20.84% |
| 2018 | 4.62% | -11.67% |
| 2017 | 5.23% | 40.59% |
| 2016 | 3.72% | 261.13% |
| 2015 | 1.03% | 82.03% |
| 2014 | 0.57% | 38.73% |
| 2013 | 0.41% | -12.83% |
| 2012 | 0.47% | -76.98% |
| 2011 | 2.03% | -11.54% |
| 2010 | 2.30% | 158.45% |
| 2009 | 0.89% | -36.16% |
| 2008 | 1.39% | -43.01% |
| 2007 | 2.45% | 374.51% |
| 2006 | 0.52% | -82.8% |
| 2005 | 3.00% | -48.9% |
| 2004 | 5.86% |
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.