Localiza
RENT3.SA
#1475
Rank
$11.49 B
Marketcap
$10.83
Share price
0.26%
Change (1 day)
9.62%
Change (1 year)

Operating Margin for Localiza (RENT3.SA)

Operating Margin as of March 2024 (TTM): 10.33%

According to Localiza 's latest financial reports and stock price the company's current Operating Margin is 10.33%. At the end of 2022 the company had an Operating Margin of 13.60%.

Operating Margin history for Localiza from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202213.60%-48.92%
202126.63%92.32%
202013.85%30.74%
201910.59%-5.59%
201811.22%3.89%
201710.80%-9.15%
201611.89%-12.38%
201513.56%-8.27%
201414.79%-4.25%
201315.44%49.51%
201210.33%-27.65%
201114.28%3.48%
201013.80%56.66%
20098.81%-14.57%
200810.31%-41.91%
200717.75%7.46%
200616.52%-3.94%
200517.19%-25.83%
200423.18%35.99%
200317.05%26.26%
200213.50%

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.