According to ReNew Power's latest financial reports and stock price the company's current Operating Margin is 10.70%. At the end of 2024 the company had an Operating Margin of 62.93%.
Year | Operating Margin | Change |
---|---|---|
2024 | 62.93% | 18.47% |
2023 | 53.12% | 30.2% |
2022 | 40.80% | -35.77% |
2021 | 63.51% | -6.3% |
2020 | 67.78% | -6.28% |
2019 | 72.32% |
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.