According to Oil India 's latest financial reports and stock price the company's current Operating Margin is 31.26%. At the end of 2023 the company had an Operating Margin of 39.48%.
Year | Operating Margin | Change |
---|---|---|
2023 | 39.48% | 4.23% |
2022 | 37.88% | 67.88% |
2021 | 22.56% | -19.36% |
2020 | 27.98% | -28.68% |
2019 | 39.23% | -6.58% |
2018 | 42.00% | 43.59% |
2017 | 29.25% | -25.96% |
2016 | 39.51% | -6.1% |
2015 | 42.07% | -10.61% |
2014 | 47.07% | -14.81% |
2013 | 55.25% | 3.15% |
2012 | 53.56% | 2.89% |
2011 | 52.06% | 5.68% |
2010 | 49.26% | 3.65% |
2009 | 47.52% | 5.18% |
2008 | 45.18% | -2.48% |
2007 | 46.33% | -5.72% |
2006 | 49.14% | 42.16% |
2005 | 34.57% | -6.38% |
2004 | 36.92% |
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.