RENK Group
R3NK.DE
#3877
Rank
C$3.48 B
Marketcap
$34.83
Share price
2.07%
Change (1 day)
N/A
Change (1 year)

Operating Margin for RENK Group (R3NK.DE)

Operating Margin as of September 2024 (TTM): 7.27%

According to RENK Group's latest financial reports and stock price the company's current Operating Margin is 7.27%. At the end of 2022 the company had an Operating Margin of 3.77%.

Operating Margin history for RENK Group from 2024 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20223.77%-1126.53%
2021-0.37%-96.17%
2020-9.59%

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.