ReNew Power
RNW
#4189
Rank
โ‚ฌ1.97 B
Marketcap
5,54ย โ‚ฌ
Share price
-1.48%
Change (1 day)
6.53%
Change (1 year)

Operating Margin for ReNew Power (RNW)

Operating Margin as of October 2024 (TTM): 7.28%

According to ReNew Power's latest financial reports and stock price the company's current Operating Margin is 7.28%. At the end of 2023 the company had an Operating Margin of 54.75%.

Operating Margin history for ReNew Power from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202354.75%34.2%
202240.80%-35.77%
202163.51%-6.3%
202067.78%-6.28%
201972.32%

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.