According to Innergex Renewable Energy's latest financial reports and stock price the company's current Operating Margin is -16.42%. At the end of 2023 the company had an Operating Margin of 17.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | 17.46% | -20% |
2022 | 21.83% | 613.94% |
2021 | 3.06% | -90.98% |
2020 | 33.91% | -32.01% |
2019 | 49.88% | 1.44% |
2018 | 49.17% | 18.07% |
2017 | 41.65% | -5.71% |
2016 | 44.17% | 433.18% |
2015 | 8.28% | -174.16% |
2014 | -11.17% | -117.04% |
2013 | 65.55% | 86.06% |
2012 | 35.23% | -1215.18% |
2011 | -3.16% | -93.28% |
2010 | -46.99% | -165.95% |
2009 | 71.24% | -108.8% |
2008 | -809.25% | -5059.23% |
2007 | 16.32% | 130.49% |
2006 | 7.08% |
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.