Rani Therapeutics
RANI
#8442
Rank
โ‚ฌ0.12 B
Marketcap
2,13ย โ‚ฌ
Share price
0.87%
Change (1 day)
19.06%
Change (1 year)

Operating Margin for Rani Therapeutics (RANI)

Operating Margin as of November 2024 (TTM): -1,952.41%

According to Rani Therapeutics's latest financial reports and stock price the company's current Operating Margin is -1,952.41%. At the end of 2021 the company had an Operating Margin of -1,952.41%.

Operating Margin history for Rani Therapeutics from 2020 to 2021

Operating Margin at the end of each year

Year Operating Margin Change
2021-1,952.41%-45.88%
2020-3,607.79%32.85%
2019-2,715.73%

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.