Wipro
WIT
#562
Rank
$35.95 B
Marketcap
$6.88
Share price
1.03%
Change (1 day)
44.84%
Change (1 year)

Operating Margin for Wipro (WIT)

Operating Margin as of November 2024 (TTM): 18.85%

According to Wipro's latest financial reports and stock price the company's current Operating Margin is 18.85%. At the end of 2023 the company had an Operating Margin of 16.32%.

Operating Margin history for Wipro from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202316.32%-14.68%
202219.13%-14.77%
202122.44%11.78%
202020.08%1.91%
201919.70%4.75%
201818.81%-6.2%
201720.05%-10.6%
201622.43%-5.7%
201523.79%2.26%
201423.26%10.75%
201321.00%2.16%
201220.56%-5.66%
201121.79%6.95%
201020.37%16.58%
200917.48%-4.52%
200818.30%-16.72%
200721.98%-0.91%
200622.18%-2.99%
200522.87%14.6%
200419.95%-12.86%
200322.90%-18.7%
200228.16%13.74%
200124.76%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.18%-19.47%๐Ÿ‡บ๐Ÿ‡ธ USA
9.98%-47.06%๐Ÿ‡บ๐Ÿ‡ธ USA
15.03%-20.27%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
23.72% 25.84%๐Ÿ‡ฎ๐Ÿ‡ณ India
5.46%-71.03%๐Ÿ‡บ๐Ÿ‡ธ USA

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.