Rural Electrification Corp
RECLTD.NS
#1175
Rank
NZ$26.84 B
Marketcap
$10.20
Share price
-0.83%
Change (1 day)
49.95%
Change (1 year)

Operating Margin for Rural Electrification Corp (RECLTD.NS)

Operating Margin as of November 2024 (TTM): 97.93%

According to Rural Electrification Corp's latest financial reports and stock price the company's current Operating Margin is 97.93%. At the end of 2023 the company had an Operating Margin of 95.17%.

Operating Margin history for Rural Electrification Corp from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202395.17%25.62%
202275.76%-4.01%
202178.93%-4.21%
202082.40%-10.46%
201992.02%32.77%
201869.31%-16.03%
201782.54%1.5%
201681.32%-4.05%
201584.75%-6.45%
201490.60%-0.48%
201391.04%0.8%
201290.31%113.13%
201142.37%3.53%
201040.93%1.29%
200940.41%3.8%
200838.93%-6.89%
200741.81%-17.55%
200650.71%

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.