According to Rent the Runway's latest financial reports and stock price the company's current Operating Margin is -26.40%. At the end of 2023 the company had an Operating Margin of -32.35%.
Year | Operating Margin | Change |
---|---|---|
2023 | -32.35% | -47.75% |
2022 | -61.93% | -25.26% |
2021 | -82.86% | 63.74% |
2020 | -50.60% |
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.