Renesas Electronics
6723.T
#622
Rank
$31.36 B
Marketcap
$17.65
Share price
-0.50%
Change (1 day)
30.74%
Change (1 year)

Operating Margin for Renesas Electronics (6723.T)

Operating Margin as of March 2024 (TTM): 30.47%

According to Renesas Electronics 's latest financial reports and stock price the company's current Operating Margin is 30.47%. At the end of 2022 the company had an Operating Margin of 28.36%.

Operating Margin history for Renesas Electronics from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202228.36%50.19%
202118.88%85.69%
202010.17%708.62%
20191.26%-86.38%
20189.23%-16.97%
201711.12%-17.66%
201613.51%9.85%
201512.30%581.95%
20141.80%-109.26%
2013-19.48%208.65%
2012-6.31%-32.91%
2011-9.41%-15.18%
2010-11.09%-31.68%
2009-16.23%4370.2%
2008-0.36%-92.73%
2007-4.99%-22.11%
2006-6.41%-267.62%
20053.82%

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.