Torrent Power
TORNTPOWER.NS
$17.26
Share price
-2.94%
Change (1 day)
161.12%
Change (1 year)
Categories
Operating Margin for Torrent Power (TORNTPOWER.NS)
Operating Margin as of May 2024 (TTM): 14.86%
According to Torrent Power's latest financial reports and stock price the company's current Operating Margin is 14.86%. At the end of 2023 the company had an Operating Margin of 11.84%.
Operating Margin history for Torrent Power from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 11.84% | 195% |
| 2022 | 4.01% | -68.93% |
| 2021 | 12.91% | 266.42% |
| 2020 | 3.52% | -63.86% |
| 2019 | 9.75% | -21.48% |
| 2018 | 12.42% | 106.35% |
| 2017 | 6.02% | -45.49% |
| 2016 | 11.04% | 51.25% |
| 2015 | 7.30% | 126.31% |
| 2014 | 3.23% | -59.16% |
| 2013 | 7.90% | -65.18% |
| 2012 | 22.68% | 3.96% |
| 2011 | 21.82% | 7.01% |
| 2010 | 20.39% | 82.45% |
| 2009 | 11.18% | 7.6% |
| 2008 | 10.39% | 10.52% |
| 2007 | 9.40% |
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.