Rent the Runway
RENT
#8994
Rank
HK$0.28 B
Marketcap
HK$74.99
Share price
-5.87%
Change (1 day)
-41.74%
Change (1 year)

Operating Margin for Rent the Runway (RENT)

Operating Margin as of September 2024 (TTM): -30.93%

According to Rent the Runway's latest financial reports and stock price the company's current Operating Margin is -30.93%. At the end of 2023 the company had an Operating Margin of -32.35%.

Operating Margin history for Rent the Runway from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-32.35%-47.75%
2022-61.93%-25.26%
2021-82.86%63.74%
2020-50.60%

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.