Petronet LNG
PETRONET.NS
#2476
Rank
$5.42 B
Marketcap
$3.62
Share price
-1.95%
Change (1 day)
27.02%
Change (1 year)

Operating Margin for Petronet LNG (PETRONET.NS)

Operating Margin as of April 2024 (TTM): 7.37%

According to Petronet LNG 's latest financial reports and stock price the company's current Operating Margin is 7.37%. At the end of 2023 the company had an Operating Margin of 7.38%.

Operating Margin history for Petronet LNG from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20237.38%-30.24%
202210.58%-30.56%
202115.23%72.95%
20208.81%1.98%
20198.64%-14.57%
201810.11%4.39%
20179.68%115.34%
20164.50%80.38%
20152.49%-10.75%
20142.79%-48.9%
20135.47%-20.08%
20126.84%-0.4%
20116.87%21.47%
20105.65%-38.43%
20099.18%-15.82%
200810.91%26.18%
20078.65%12.45%
20067.69%-452.38%
2005-2.18%

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.