Hindustan Petroleum
HINDPETRO.NS
#1639
Rank
NZ$16.70 B
Marketcap
$7.85
Share price
-0.31%
Change (1 day)
125.86%
Change (1 year)

Operating Margin for Hindustan Petroleum (HINDPETRO.NS)

Operating Margin as of September 2024 (TTM): 3.42%

According to Hindustan Petroleum 's latest financial reports and stock price the company's current Operating Margin is 3.42%. At the end of 2023 the company had an Operating Margin of -2.27%.

Operating Margin history for Hindustan Petroleum from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.27%-186.68%
20222.62%-57.12%
20216.12%1092.28%
20200.51%-85.99%
20193.66%-20.84%
20184.62%-22.73%
20175.98%75.63%
20163.41%230.55%
20151.03%82.05%
20140.57%38.68%
20130.41%-12.82%
20120.47%-75.15%
20111.88%-18.11%
20102.30%158.59%
20090.89%-36.14%
20081.39%-43.03%
20072.45%373.65%
20060.52%-82.75%
20052.99%-48.95%
20045.86%

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.