Indian Oil
IOC.NS
Operating Margin for Indian Oil (IOC.NS)
Operating Margin as of April 2024 (TTM): 1.76%
According to Indian Oil's latest financial reports and stock price the company's current Operating Margin is 1.76%. At the end of 2023 the company had an Operating Margin of 1.79%.
Operating Margin history for Indian Oil from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 1.79% | -69.47% |
| 2022 | 5.85% | -31.29% |
| 2021 | 8.52% | -667.75% |
| 2020 | -1.50% | -130.05% |
| 2019 | 4.99% | -39.42% |
| 2018 | 8.24% | 2.76% |
| 2017 | 8.02% | 61.55% |
| 2016 | 4.96% | 205.6% |
| 2015 | 1.62% | -27.01% |
| 2014 | 2.22% | 100.44% |
| 2013 | 1.11% | 13.59% |
| 2012 | 0.98% | -72.58% |
| 2011 | 3.56% | -44.76% |
| 2010 | 6.45% | 326.58% |
| 2009 | 1.51% | -74.89% |
| 2008 | 6.02% | -4.35% |
| 2007 | 6.29% | 31.56% |
| 2006 | 4.78% | -16.41% |
| 2005 | 5.72% | -40.77% |
| 2004 | 9.67% |
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.