Rural Electrification Corp
RECLTD.NS
$5.11
Share price
-0.68%
Change (1 day)
240.67%
Change (1 year)
Operating Margin for Rural Electrification Corp (RECLTD.NS)
Operating Margin as of April 2024 (TTM): 98.73%
According to Rural Electrification Corp's latest financial reports and stock price the company's current Operating Margin is 98.73%. At the end of 2023 the company had an Operating Margin of 95.17%.
Operating Margin history for Rural Electrification Corp from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 95.17% | 25.32% |
| 2022 | 75.94% | -3.78% |
| 2021 | 78.93% | -4.13% |
| 2020 | 82.32% | -10.54% |
| 2019 | 92.02% | 22.08% |
| 2018 | 75.38% | -8.68% |
| 2017 | 82.54% | 1.5% |
| 2016 | 81.32% | -4.05% |
| 2015 | 84.75% | -6.46% |
| 2014 | 90.60% | -0.5% |
| 2013 | 91.06% | 146.05% |
| 2012 | 37.01% | -12.67% |
| 2011 | 42.38% | 3.54% |
| 2010 | 40.93% | 1.29% |
| 2009 | 40.41% | 3.8% |
| 2008 | 38.93% | -6.89% |
| 2007 | 41.81% | -17.55% |
| 2006 | 50.71% |
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.