Innergex Renewable Energy
INE.TO
#4793
Rank
HK$11.67 B
Marketcap
HK$57.58
Share price
2.14%
Change (1 day)
-18.91%
Change (1 year)

Operating Margin for Innergex Renewable Energy (INE.TO)

Operating Margin as of September 2024 (TTM): -16.69%

According to Innergex Renewable Energy's latest financial reports and stock price the company's current Operating Margin is -16.69%. At the end of 2023 the company had an Operating Margin of 17.46%.

Operating Margin history for Innergex Renewable Energy from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202317.46%-20%
202221.83%613.94%
20213.06%-90.98%
202033.91%-32.01%
201949.88%1.44%
201849.17%18.07%
201741.65%-5.71%
201644.17%433.18%
20158.28%-174.16%
2014-11.17%-117.04%
201365.55%86.06%
201235.23%-1215.18%
2011-3.16%-93.28%
2010-46.99%-165.95%
200971.24%-108.8%
2008-809.25%-5059.23%
200716.32%130.49%
20067.08%

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.