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%.
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% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Redfin RDFN | -14.44% | 0.00% | ๐บ๐ธ USA |
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.