Wipro
WIT
$4.38
Share price
-2.01%
Change (1 day)
-44.42%
Change (1 year)
Categories
Operating Margin for Wipro (WIT)
Operating Margin as of March 2023 (TTM): 17.44%
According to Wipro's latest financial reports and stock price the company's current Operating Margin is 17.44%. At the end of 2022 the company had an Operating Margin of 19.13%.
Operating Margin history for Wipro from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 19.13% | -14.77% |
| 2021 | 22.44% | 11.78% |
| 2020 | 20.08% | 1.91% |
| 2019 | 19.70% | 4.75% |
| 2018 | 18.81% | -6.2% |
| 2017 | 20.05% | -10.44% |
| 2016 | 22.39% | -5.88% |
| 2015 | 23.79% | 2.26% |
| 2014 | 23.26% | 10.75% |
| 2013 | 21.00% | 11.99% |
| 2012 | 18.75% | -7.62% |
| 2011 | 20.30% | -0.37% |
| 2010 | 20.37% | 29.87% |
| 2009 | 15.69% | -14.3% |
| 2008 | 18.31% | -16.74% |
| 2007 | 21.99% | -0.89% |
| 2006 | 22.18% | -2.99% |
| 2005 | 22.87% | 14.6% |
| 2004 | 19.95% | -12.92% |
| 2003 | 22.91% | -16.28% |
| 2002 | 27.37% | 11.85% |
| 2001 | 24.47% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 IBM IBM | 1.90% | -89.11% | 🇺🇸 USA |
 Cognizant Technology Solutions CTSH | 15.52% | -11.01% | 🇺🇸 USA |
 HP HPQ | 7.05% | -59.58% | 🇺🇸 USA |
 Accenture ACN | 15.12% | -13.30% | 🇮🇪 Ireland |
 Infosys INFY | 22.07% | 26.55% | 🇮🇳 India |
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.