Adani Total Gas
ATGL.NS
#1355
Rank
$12.04 B
Marketcap
$10.95
Share price
-0.84%
Change (1 day)
-2.84%
Change (1 year)

Operating Margin for Adani Total Gas (ATGL.NS)

Operating Margin as of April 2024 (TTM): 16.65%

According to Adani Total Gas's latest financial reports and stock price the company's current Operating Margin is 16.65%. At the end of 2023 the company had an Operating Margin of 16.34%.

Operating Margin history for Adani Total Gas from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202316.34%-27.79%
202222.62%-39.66%
202137.49%27.5%
202029.40%40.99%
201920.86%1.06%
201820.64%43.02%
201714.43%20.37%
201611.99%19.69%
201510.02%

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.