According to Indian Energy Exchange 's latest financial reports and stock price the company's current Operating Margin is 98.56%. At the end of 2022 the company had an Operating Margin of 94.42%.
Year | Operating Margin | Change |
---|---|---|
2022 | 94.42% | 10.05% |
2021 | 85.80% | -2.97% |
2020 | 88.43% | -3.43% |
2019 | 91.57% | 5.76% |
2018 | 86.58% | 2.26% |
2017 | 84.67% | 1.19% |
2016 | 83.67% | -8.72% |
2015 | 91.66% | 5.28% |
2014 | 87.06% | 13.64% |
2013 | 76.61% |
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.