Red Elรฉctrica
RED.MC
#1715
Rank
$9.19 B
Marketcap
$17.05
Share price
-0.50%
Change (1 day)
-5.59%
Change (1 year)

Operating Margin for Red Elรฉctrica (RED.MC)

Operating Margin as of April 2024 (TTM): 49.70%

According to Red Elรฉctrica's latest financial reports and stock price the company's current Operating Margin is 49.70%. At the end of 2022 the company had an Operating Margin of 43.15%.

Operating Margin history for Red Elรฉctrica from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202243.15%-5.11%
202145.47%12.03%
202040.59%-14.13%
201947.27%-1.63%
201848.05%4.77%
201745.86%4.16%
201644.03%2.89%
201542.79%-7.41%
201446.22%10.86%
201341.69%7.53%
201238.77%-7.15%
201141.76%4.1%
201040.11%4.39%
200938.42%4.23%
200836.86%5.1%
200735.08%18.55%
200629.59%-2.88%
200530.46%47.7%
200420.63%106224.66%
20030.02%-99.91%
200220.92%

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.