Localiza
RENT3.SA
#1961
Rank
ยฃ6.44 B
Marketcap
ยฃ6.11
Share price
-1.00%
Change (1 day)
-36.40%
Change (1 year)

Operating Margin for Localiza (RENT3.SA)

Operating Margin as of November 2024 (TTM): 4.22%

According to Localiza 's latest financial reports and stock price the company's current Operating Margin is 4.22%. At the end of 2023 the company had an Operating Margin of 6.48%.

Operating Margin history for Localiza from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.48%-52.33%
202213.60%-48.92%
202126.63%92.32%
202013.85%30.74%
201910.59%-8.8%
201811.61%7.56%
201710.80%-9.15%
201611.89%-12.38%
201513.56%-8.27%
201414.79%-4.25%
201315.44%49.51%
201210.33%-27.65%
201114.28%-1.01%
201014.42%63.76%
20098.81%-6.17%
20089.39%-36.03%
200714.67%-11.15%
200616.52%-3.94%
200517.19%-17.01%
200420.72%21.53%
200317.05%26.26%
200213.50%

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.