Grenergy Renovables
GRE.MC
#5305
Rank
โ‚ฌ1.02 B
Marketcap
35,80ย โ‚ฌ
Share price
-2.59%
Change (1 day)
91.07%
Change (1 year)

Operating Margin for Grenergy Renovables (GRE.MC)

Operating Margin as of October 2024 (TTM): 29.13%

According to Grenergy Renovables's latest financial reports and stock price the company's current Operating Margin is 29.13%. At the end of 2023 the company had an Operating Margin of 29.14%.

Operating Margin history for Grenergy Renovables from 2019 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202329.14%340.88%
20226.61%-69.93%
202121.97%4.03%
202021.12%8.3%
201919.50%-52.56%
201841.12%-14.49%
201748.09%-126.13%
2016-184.05%-231.03%
2015140.46%56%
201490.04%

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.