Adani Total Gas
ATGL.NS
$11.04
Share price
-0.40%
Change (1 day)
1.66%
Change (1 year)
Categories
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 |
|---|---|---|
| 2023 | 16.34% | -27.79% |
| 2022 | 22.62% | -39.66% |
| 2021 | 37.49% | 27.5% |
| 2020 | 29.40% | 40.99% |
| 2019 | 20.86% | 1.06% |
| 2018 | 20.64% | 43.02% |
| 2017 | 14.43% | 20.37% |
| 2016 | 11.99% | 19.69% |
| 2015 | 10.02% |
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.