ReneSola
SOL
$1.84
Share price
0.01%
Change (1 day)
-55.55%
Change (1 year)
Categories
Operating Margin for ReneSola (SOL)
Operating Margin as of April 2024 (TTM): 8.87%
According to ReneSola 's latest financial reports and stock price the company's current Operating Margin is 8.87%. At the end of 2021 the company had an Operating Margin of 9.28%.
Operating Margin history for ReneSola from 2006 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 9.28% | 193.99% |
| 2020 | 3.16% | -135.54% |
| 2019 | -8.88% | -275.3% |
| 2018 | 5.06% | 48.07% |
| 2017 | 3.42% | -198.14% |
| 2016 | -3.48% | 915.08% |
| 2015 | -0.34% | -84.22% |
| 2014 | -2.18% | -87.36% |
| 2013 | -17.22% | -24.57% |
| 2012 | -22.83% | 4875.23% |
| 2011 | -0.46% | -102.42% |
| 2010 | 18.99% | -185.97% |
| 2009 | -22.09% | 140.05% |
| 2008 | -9.20% | -162.26% |
| 2007 | 14.78% | -44.76% |
| 2006 | 26.76% | 137.43% |
| 2005 | 11.27% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 DAQO New Energy DQ | 58.11% | 555.13% | 🇨🇳 China |
 Canadian Solar
CSIQ | 6.09% | -31.34% | 🇨🇦 Canada |
 Jinko Solar
JKS | 3.62% | -59.19% | 🇨🇳 China |
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.