Powergrid Corporation of India
POWERGRID.NS
$3.51
Share price
-0.36%
Change (1 day)
20.62%
Change (1 year)
Categories
Operating Margin for Powergrid Corporation of India (POWERGRID.NS)
Operating Margin as of April 2024 (TTM): 60.13%
According to Powergrid Corporation of India 's latest financial reports and stock price the company's current Operating Margin is 60.13%. At the end of 2023 the company had an Operating Margin of 38.29%.
Operating Margin history for Powergrid Corporation of India from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 38.29% | -22.36% |
| 2022 | 49.32% | 28.06% |
| 2021 | 38.51% | 9.83% |
| 2020 | 35.07% | 4.66% |
| 2019 | 33.51% | -1.52% |
| 2018 | 34.02% | -6.84% |
| 2017 | 36.52% | 2% |
| 2016 | 35.80% | -1.28% |
| 2015 | 36.27% | -10.6% |
| 2014 | 40.57% | -7.54% |
| 2013 | 43.87% | -3.53% |
| 2012 | 45.48% | 2.28% |
| 2011 | 44.47% | 20.67% |
| 2010 | 36.85% | 8.79% |
| 2009 | 33.87% | -9.68% |
| 2008 | 37.50% | -9.17% |
| 2007 | 41.28% | 11.08% |
| 2006 | 37.17% | 2.82% |
| 2005 | 36.15% | 14.52% |
| 2004 | 31.56% | -10.16% |
| 2003 | 35.13% |
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.