According to GAIL's latest financial reports and stock price the company's current Operating Margin is 11.41%. At the end of 2023 the company had an Operating Margin of 4.99%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.99% | -70.12% |
2022 | 16.71% | 23.63% |
2021 | 13.52% | -6.22% |
2020 | 14.41% | 11.23% |
2019 | 12.96% | 1.74% |
2018 | 12.74% | 19.04% |
2017 | 10.70% | 88.13% |
2016 | 5.69% | -23.58% |
2015 | 7.44% | -33.89% |
2014 | 11.26% | -12.87% |
2013 | 12.92% | -10.71% |
2012 | 14.47% | -12.81% |
2011 | 16.59% | -11.68% |
2010 | 18.79% | 5.59% |
2009 | 17.79% | -21.38% |
2008 | 22.63% | 17.56% |
2007 | 19.25% | -19.55% |
2006 | 23.93% | -1.08% |
2005 | 24.19% |
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.