Azure Power
AZREF
$0.94
Share price
-4.08%
Change (1 day)
-62.10%
Change (1 year)
Categories
Operating Margin for Azure Power (AZREF)
Operating Margin as of April 2024 (TTM): -7.28%
According to Azure Power 's latest financial reports and stock price the company's current Operating Margin is -7.28%. At the end of 2021 the company had an Operating Margin of 29.50%.
Operating Margin history for Azure Power from 2015 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 29.50% | -34.18% |
| 2020 | 44.81% | -22.78% |
| 2019 | 58.03% | 16.7% |
| 2018 | 49.73% | -9.72% |
| 2017 | 55.08% | 62.14% |
| 2016 | 33.97% | 251.32% |
| 2015 | 9.67% | -156.58% |
| 2014 | -17.09% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Pinnacle West Capital
PNW | 10.64% | -246.15% | 🇺🇸 USA |
 PNM Resources PNM | 9.39% | -228.98% | 🇺🇸 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.