REN (Redes Energรฉticas Nacionais)
RENE.LS
#4502
Rank
$1.70 B
Marketcap
$2.57
Share price
0.21%
Change (1 day)
-7.23%
Change (1 year)

Operating Margin for REN (Redes Energรฉticas Nacionais) (RENE.LS)

Operating Margin as of July 2024 (TTM): 32.17%

According to REN (Redes Energรฉticas Nacionais)'s latest financial reports and stock price the company's current Operating Margin is 32.17%. At the end of 2022 the company had an Operating Margin of 25.42%.

Operating Margin history for REN (Redes Energรฉticas Nacionais) from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202225.42%12.65%
202122.57%-12.64%
202025.83%-4.75%
201927.12%-8.92%
201829.78%1.78%
201729.26%12.97%
201625.90%8.39%
201523.89%-9.68%
201426.46%9.7%
201324.12%2.91%
201223.43%14.69%
201120.43%14.21%
201017.89%-6.98%
200919.23%-44.7%
200834.78%2.92%
200733.80%-123%
2006-146.93%-505.02%
200536.28%141.27%
200415.04%

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.