Adani Green Energy
ADANIGREEN.NS
$21.67
Share price
-0.33%
Change (1 day)
92.11%
Change (1 year)
Categories
Operating Margin for Adani Green Energy (ADANIGREEN.NS)
Operating Margin as of April 2024 (TTM): 18.30%
According to Adani Green Energy 's latest financial reports and stock price the company's current Operating Margin is 18.30%. At the end of 2022 the company had an Operating Margin of 53.20%.
Operating Margin history for Adani Green Energy from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 53.20% | -3.31% |
| 2021 | 55.03% | 40.25% |
| 2020 | 39.23% | 176.71% |
| 2019 | 14.18% | 44.58% |
| 2018 | 9.81% | -1449% |
| 2017 | -0.73% | -98.56% |
| 2016 | -50.42% |
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.