Gulf Oil Lubricants
GULFOILLUB.NS
#6377
Rank
NZ$1.03 B
Marketcap
$20.93
Share price
-4.21%
Change (1 day)
69.95%
Change (1 year)

Operating Margin for Gulf Oil Lubricants (GULFOILLUB.NS)

Operating Margin as of November 2024 (TTM): 12.84%

According to Gulf Oil Lubricants's latest financial reports and stock price the company's current Operating Margin is 12.84%. At the end of 2023 the company had an Operating Margin of 10.95%.

Operating Margin history for Gulf Oil Lubricants from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.95%-16.76%
202213.16%-23.77%
202117.26%3.14%
202016.74%-0.32%
201916.79%-9.73%
201818.60%9.58%
201716.97%9.81%
201615.46%24.06%
201512.46%

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.