Theeb Rent A Car Company
4261.SR
#5710
Rank
ยฃ0.64 B
Marketcap
ยฃ15.09
Share price
2.06%
Change (1 day)
8.59%
Change (1 year)

Operating Margin for Theeb Rent A Car Company (4261.SR)

Operating Margin as of September 2024 (TTM): 13.43%

According to Theeb Rent A Car Company's latest financial reports and stock price the company's current Operating Margin is 13.43%. At the end of 2022 the company had an Operating Margin of 24.42%.

Operating Margin history for Theeb Rent A Car Company from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202224.42%16.22%
202121.02%39.66%
202015.05%

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.