RumbleON
RMBL
#7853
Rank
โ‚ฌ0.21 B
Marketcap
5,99ย โ‚ฌ
Share price
0.48%
Change (1 day)
5.46%
Change (1 year)

Operating Margin for RumbleON (RMBL)

Operating Margin as of November 2024 (TTM): -10.10%

According to RumbleON 's latest financial reports and stock price the company's current Operating Margin is -10.10%. At the end of 2022 the company had an Operating Margin of -18.63%.

Operating Margin history for RumbleON from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-18.63%448.51%
2021-3.40%-43.42%
2020-6.00%11.7%
2019-5.37%-66.62%
2018-16.10%-86.28%
2017-117.35%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 231.12%๐Ÿ‡บ๐Ÿ‡ธ USA

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.