According to Reliance Power 's latest financial reports and stock price the company's current Operating Margin is 29.55%. At the end of 2022 the company had an Operating Margin of -7.47%.
Year | Operating Margin | Change |
---|---|---|
2022 | -7.47% | -233.62% |
2021 | 5.59% | -109.19% |
2020 | -60.80% | 50.22% |
2019 | -40.47% | -383.83% |
2018 | 14.26% | -9.38% |
2017 | 15.73% | 7.12% |
2016 | 14.69% | -21.78% |
2015 | 18.78% | -22.52% |
2014 | 24.23% | -0.51% |
2013 | 24.36% | -48.36% |
2012 | 47.17% | -37.46% |
2011 | 75.41% | -97.78% |
2010 | 3,390.34% |
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.