REE Automotive
REE
#8828
Rank
โ‚ฌ56.27 M
Marketcap
5,20ย โ‚ฌ
Share price
-0.35%
Change (1 day)
21.57%
Change (1 year)

Operating Margin for REE Automotive (REE)

Operating Margin as of September 2024 (TTM): -6,258.99%

According to REE Automotive's latest financial reports and stock price the company's current Operating Margin is -6,258.99%. At the end of 2021 the company had an Operating Margin of -8,400,816.67%.

Operating Margin history for REE Automotive from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2021-8,400,816.67%48037.24%
2020-17,451.80%874.55%
2019-1,790.75%

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.