According to Adani Energy Solutions's latest financial reports and stock price the company's current Operating Margin is 17.25%. At the end of 2023 the company had an Operating Margin of 13.17%.
Year | Operating Margin | Change |
---|---|---|
2023 | 13.17% | -15.1% |
2022 | 15.52% | -6.81% |
2021 | 16.65% | 71.74% |
2020 | 9.69% | -15.71% |
2019 | 11.50% | -69.17% |
2018 | 37.31% | 101.7% |
2017 | 18.50% | -15.33% |
2016 | 21.85% | -685.5% |
2015 | -3.73% |
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.