Lojas Renner
LREN3.SA
#3463
Rank
NZ$5.25 B
Marketcap
$5.49
Share price
-0.37%
Change (1 day)
2.69%
Change (1 year)

Operating Margin for Lojas Renner (LREN3.SA)

Operating Margin as of September 2024 (TTM): 11.23%

According to Lojas Renner's latest financial reports and stock price the company's current Operating Margin is 11.23%. At the end of 2023 the company had an Operating Margin of 6.16%.

Operating Margin history for Lojas Renner from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.16%-40.95%
202210.43%72.34%
20216.05%-62.01%
202015.93%2.38%
201915.56%-4.31%
201816.26%20.55%
201713.49%-0.25%
201613.52%0.28%
201513.48%-0.66%
201413.57%1.83%
201313.33%1.2%
201213.17%-10.26%
201114.68%-7.96%
201015.95%38.67%
200911.50%10.2%
200810.44%-5.42%
200711.04%26.42%
20068.73%-9.34%
20059.63%67.41%
20045.75%-21.82%
20037.36%

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.