Innergex Renewable Energy
INE.TO
$5.83
Share price
0.00%
Change (1 day)
-43.94%
Change (1 year)
Categories
Operating Margin for Innergex Renewable Energy (INE.TO)
Operating Margin as of April 2024 (TTM): -9.46%
According to Innergex Renewable Energy's latest financial reports and stock price the company's current Operating Margin is -9.46%. At the end of 2022 the company had an Operating Margin of 21.83%.
Operating Margin history for Innergex Renewable Energy from 2007 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 21.83% | 603.35% |
| 2021 | 3.10% | -90.85% |
| 2020 | 33.91% | -32.46% |
| 2019 | 50.22% | 34.69% |
| 2018 | 37.28% | -10.48% |
| 2017 | 41.65% | -5.71% |
| 2016 | 44.17% | 433.18% |
| 2015 | 8.28% | -174.16% |
| 2014 | -11.17% | -117.04% |
| 2013 | 65.55% | 86.76% |
| 2012 | 35.10% | -1418.79% |
| 2011 | -2.66% | -115.14% |
| 2010 | 17.58% | -169.25% |
| 2009 | -25.38% | -94.06% |
| 2008 | -427.50% | -2596.1% |
| 2007 | 17.13% | 141.91% |
| 2006 | 7.08% |
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.