Ready Capital
RC
#5283
Rank
C$1.58 B
Marketcap
$9.33
Share price
-0.59%
Change (1 day)
-31.37%
Change (1 year)

Operating Margin for Ready Capital (RC)

Operating Margin as of November 2024 (TTM): -144.74%

According to Ready Capital 's latest financial reports and stock price the company's current Operating Margin is -144.74%. At the end of 2023 the company had an Operating Margin of 88.36%.

Operating Margin history for Ready Capital from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202388.36%99.33%
202244.33%2.62%
202143.19%221.12%
202013.45%-56.99%
201931.27%-6.52%
201833.45%37.43%
201724.34%-54.42%
201653.40%19.75%
201544.59%11.48%
201440.00%-9.13%
201344.02%-46.89%
201282.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
23.95%-116.55%๐Ÿ‡บ๐Ÿ‡ธ USA

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.