Oil & Natural Gas
ONGC.NS
$3.38
Share price
0.93%
Change (1 day)
73.33%
Change (1 year)
Oil and Natural Gas Corporation or ONGC for short, is an Indian Multinational Crude Oil and Gas Corporation. ONGC's operations include conventional exploration and production, refining and progressive development of alternate energy sources like coal-bed methane and shale gas.
Operating Margin for Oil & Natural Gas (ONGC.NS)
Operating Margin as of April 2024 (TTM): 7.75%
According to Oil & Natural Gas 's latest financial reports and stock price the company's current Operating Margin is 7.75%. At the end of 2023 the company had an Operating Margin of 6.29%.
Operating Margin history for Oil & Natural Gas from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 6.29% | -42.92% |
| 2022 | 11.01% | 11.15% |
| 2021 | 9.91% | 106.08% |
| 2020 | 4.81% | -63.02% |
| 2019 | 13.00% | 6.97% |
| 2018 | 12.16% | -50.82% |
| 2017 | 24.71% | 42.54% |
| 2016 | 17.34% | 1.68% |
| 2015 | 17.05% | -24.63% |
| 2014 | 22.63% | -0.16% |
| 2013 | 22.66% | -22.51% |
| 2012 | 29.24% | 0.23% |
| 2011 | 29.18% | -2.49% |
| 2010 | 29.92% | 0.44% |
| 2009 | 29.79% | -6.77% |
| 2008 | 31.95% | -5.36% |
| 2007 | 33.76% | -25.84% |
| 2006 | 45.53% | 21.35% |
| 2005 | 37.52% | 10.42% |
| 2004 | 33.98% |
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.