Hindustan Oil Exploration Company
HINDOILEXP.NS
Operating Margin for Hindustan Oil Exploration Company (HINDOILEXP.NS)
Operating Margin as of April 2024 (TTM): 16.65%
According to Hindustan Oil Exploration Company's latest financial reports and stock price the company's current Operating Margin is 16.65%. At the end of 2022 the company had an Operating Margin of 12.64%.
Operating Margin history for Hindustan Oil Exploration Company from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.64% | -72.23% |
| 2021 | 45.51% | -33.02% |
| 2020 | 67.96% | 14.86% |
| 2019 | 59.16% | -23.19% |
| 2018 | 77.03% | -50.93% |
| 2017 | 156.97% | 793.19% |
| 2016 | 17.57% | -100.86% |
| 2015 | -2,047.69% | 1089.9% |
| 2014 | -172.09% | -62.76% |
| 2013 | -462.14% | -1780.74% |
| 2012 | 27.50% | -21.22% |
| 2011 | 34.90% | -20.91% |
| 2010 | 44.13% | -36.79% |
| 2009 | 69.81% | 54.17% |
| 2008 | 45.28% | 3737.13% |
| 2007 | 1.18% | -95.76% |
| 2006 | 27.83% | -59.45% |
| 2005 | 68.63% | 33.51% |
| 2004 | 51.40% |
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.