Red River Bancshares
RRBI
#7032
Rank
โ‚น33.33 B
Marketcap
โ‚น4,918
Share price
-0.31%
Change (1 day)
16.35%
Change (1 year)

Operating Margin for Red River Bancshares (RRBI)

Operating Margin as of November 2024 (TTM): 38.12%

According to Red River Bancshares's latest financial reports and stock price the company's current Operating Margin is 38.12%. At the end of 2023 the company had an Operating Margin of 40.30%.

Operating Margin history for Red River Bancshares from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202340.30%-6.18%
202242.95%2.07%
202142.08%11.24%
202037.83%-2.57%
201938.83%-0.16%
201838.89%9.6%
201735.48%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
58.27% 52.86%๐Ÿ‡บ๐Ÿ‡ธ USA
38.15% 0.08%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.