ReNew Power
RNW
$5.78
Share price
-0.43%
Change (1 day)
7.53%
Change (1 year)
Categories
Operating Margin for ReNew Power (RNW)
Operating Margin as of April 2024 (TTM): -3.01%
According to ReNew Power's latest financial reports and stock price the company's current Operating Margin is -3.01%. At the end of 2022 the company had an Operating Margin of 55.51%.
Operating Margin history for ReNew Power from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 55.51% | -12.39% |
| 2021 | 63.36% | -6.53% |
| 2020 | 67.78% | -6.28% |
| 2019 | 72.32% |
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.