Rani Therapeutics
RANI
$5.53
Share price
-4.33%
Change (1 day)
34.88%
Change (1 year)
Categories
Operating Margin for Rani Therapeutics (RANI)
Operating Margin as of May 2024 (TTM): -1,952.41%
According to Rani Therapeutics's latest financial reports and stock price the company's current Operating Margin is -1,952.41%. At the end of 2021 the company had an Operating Margin of -1,952.41%.
Operating Margin history for Rani Therapeutics from 2020 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -1,952.41% | -45.88% |
| 2020 | -3,607.79% | 32.85% |
| 2019 | -2,715.73% |
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.