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%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.32% | -14.68% |
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% | 12% |
2012 | 18.75% | -7.62% |
2011 | 20.30% | 16.15% |
2010 | 17.48% | 11.4% |
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% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
IBM IBM | 3.08% | -82.67% | ๐บ๐ธ USA |
Cognizant Technology Solutions CTSH | 14.70% | -17.28% | ๐บ๐ธ USA |
HP HPQ | 7.05% | -60.33% | ๐บ๐ธ USA |
Accenture ACN | 14.89% | -16.21% | ๐ฎ๐ช Ireland |
Infosys INFY | 22.15% | 24.65% | ๐ฎ๐ณ India |
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.