Red Rock Resorts
RRR
#2690
Rank
HK$40.58 B
Marketcap
HK$395.63
Share price
1.64%
Change (1 day)
12.75%
Change (1 year)

Operating Margin for Red Rock Resorts (RRR)

Operating Margin as of November 2024 (TTM): 19.89%

According to Red Rock Resorts's latest financial reports and stock price the company's current Operating Margin is 19.89%. At the end of 2023 the company had an Operating Margin of 32.58%.

Operating Margin history for Red Rock Resorts from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202332.58%-4.01%
202233.94%41.27%
202124.03%317.8%
20205.75%-27.96%
20197.98%-65.27%
201822.99%14.48%
201720.08%-2.64%
201620.63%-3.13%
201521.29%-2.76%
201421.90%219.36%
20136.86%-62.05%
201218.07%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-7.85%-139.47%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.37%-127.00%๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
19.89% 0.00%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.