Redfin
RDFN
#5683
Rank
$0.63 B
Marketcap
$5.33
Share price
-0.74%
Change (1 day)
-37.00%
Change (1 year)

Operating Margin for Redfin (RDFN)

Operating Margin as of April 2024 (TTM): -14.44%

According to Redfin's latest financial reports and stock price the company's current Operating Margin is -14.44%. At the end of 2021 the company had an Operating Margin of -6.02%.

Operating Margin history for Redfin from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-6.02%187.84%
2020-2.09%-79.82%
2019-10.36%20.2%
2018-8.62%112.65%
2017-4.05%-51.91%
2016-8.43%-47.77%
2015-16.14%-19.18%
2014-19.97%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-14.44% 0.00%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.