Wipro
WIT
#587
Rank
$34.32 B
Marketcap
$6.00
Share price
-1.48%
Change (1 day)
22.45%
Change (1 year)

Operating Margin for Wipro (WIT)

Operating Margin as of July 2024 (TTM): 17.77%

According to Wipro's latest financial reports and stock price the company's current Operating Margin is 17.77%. At the end of 2023 the company had an Operating Margin of 16.32%.

Operating Margin history for Wipro from 2001 to 2023

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%-10.44%
201622.39%-5.88%
201523.79%2.26%
201423.26%10.75%
201321.00%12%
201218.75%-7.62%
201120.30%16.15%
201017.48%11.4%
200915.69%-14.3%
200818.31%-16.74%
200721.99%-0.89%
200622.18%-2.99%
200522.87%14.6%
200419.95%-12.92%
200322.91%-16.28%
200227.37%11.85%
200124.47%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.70%-17.28%๐Ÿ‡บ๐Ÿ‡ธ USA
3.08%-82.67%๐Ÿ‡บ๐Ÿ‡ธ USA
14.89%-16.21%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
22.15% 24.65%๐Ÿ‡ฎ๐Ÿ‡ณ India
7.05%-60.33%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.