Redox Limited
RDX.AX
#5073
Rank
C$1.81 B
Marketcap
$3.45
Share price
-3.36%
Change (1 day)
63.76%
Change (1 year)

Operating Margin for Redox Limited (RDX.AX)

Operating Margin at the end of 2023: 9.23%

According to Redox Limited's latest financial reports and stock price the company's current Operating Margin is 9.22%. At the end of 2023 the company had an Operating Margin of 9.23%.

Operating Margin history for Redox Limited from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20239.23%-19.41%
202211.45%33.76%
20218.56%30.12%
20206.58%

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.