RXO
RXO
#2986
Rank
ยฃ3.36 B
Marketcap
ยฃ21.33
Share price
1.71%
Change (1 day)
33.45%
Change (1 year)

Operating Margin for RXO (RXO)

Operating Margin as of October 2024 (TTM): -0.73%

According to RXO's latest financial reports and stock price the company's current Operating Margin is -0.73%. At the end of 2023 the company had an Operating Margin of 0.92%.

Operating Margin history for RXO from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20230.92%-64.25%
20222.56%-37.04%
20214.07%139.9%
20201.70%-42.03%
20192.93%

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.