ReneSola
SOL
#8758
Rank
$97.89 M
Marketcap
$1.91
Share price
-4.50%
Change (1 day)
-29.00%
Change (1 year)

Operating Margin for ReneSola (SOL)

Operating Margin as of November 2024 (TTM): -12.00%

According to ReneSola 's latest financial reports and stock price the company's current Operating Margin is -12.00%. At the end of 2022 the company had an Operating Margin of -4.29%.

Operating Margin history for ReneSola from 2006 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-4.29%-146.28%
20219.28%193.99%
20203.16%-135.54%
2019-8.88%-275.3%
20185.06%48.07%
20173.42%1115.24%
20160.28%-98.38%
201517.36%-897.47%
2014-2.18%-87.36%
2013-17.22%-24.57%
2012-22.83%4875.23%
2011-0.46%-102.42%
201018.99%-185.97%
2009-22.09%140.05%
2008-9.20%-162.26%
200714.78%-44.76%
200626.76%137.43%
200511.27%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
1.97%-116.42%๐Ÿ‡จ๐Ÿ‡ณ China
-13.72% 14.33%๐Ÿ‡จ๐Ÿ‡ณ China
1.94%-116.17%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.