According to Adani Total Gas's latest financial reports and stock price the company's current Operating Margin is 20.27%. At the end of 2023 the company had an Operating Margin of 16.84%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.84% | -26.1% |
2022 | 22.78% | -39.24% |
2021 | 37.49% | 27.5% |
2020 | 29.40% | 40.99% |
2019 | 20.86% | 10.12% |
2018 | 18.94% | 31.25% |
2017 | 14.43% | 17.19% |
2016 | 12.31% | 22.94% |
2015 | 10.02% |
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.