Red Rock Resorts
RRR
$54.12
Share price
-8.63%
Change (1 day)
12.75%
Change (1 year)
Categories
Operating Margin for Red Rock Resorts (RRR)
Operating Margin as of April 2024 (TTM): 27.72%
According to Red Rock Resorts's latest financial reports and stock price the company's current Operating Margin is 27.72%. At the end of 2022 the company had an Operating Margin of 33.94%.
Operating Margin history for Red Rock Resorts from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 33.94% | 41.27% |
| 2021 | 24.03% | 317.8% |
| 2020 | 5.75% | -27.96% |
| 2019 | 7.98% | -65.27% |
| 2018 | 22.99% | 12.81% |
| 2017 | 20.38% | -2.69% |
| 2016 | 20.94% | -1.64% |
| 2015 | 21.29% | -2.76% |
| 2014 | 21.90% | 219.36% |
| 2013 | 6.86% | -62.05% |
| 2012 | 18.07% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Red Rock Resorts RRR | 27.72% | 0.00% | 🇺🇸 USA |
 Penn National Gaming
PENN | 2.73% | -90.15% | 🇺🇸 USA |
 Melco Resorts & Entertainment MLCO | -32.68% | -217.89% | 🇭🇰 Hong Kong |
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.