RenaissanceRe
RNR
#1429
Rank
$11.60 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$220.17
Share price
-2.93%
Change (1 day)
5.00%
Change (1 year)

Operating Margin for RenaissanceRe (RNR)

Operating Margin as of April 2024 (TTM): 10.37%

According to RenaissanceRe 's latest financial reports and stock price the company's current Operating Margin is 10.37%. At the end of 2022 the company had an Operating Margin of -24.14%.

Operating Margin history for RenaissanceRe from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-24.14%1013.89%
2021-2.17%-111.22%
202019.32%-16.56%
201923.15%81.3%
201812.77%-181.55%
2017-15.66%-142.9%
201636.50%9.92%
201533.21%-40.33%
201455.66%-10.17%
201361.96%14.53%
201254.10%-891.87%
2011-6.83%-110.56%
201064.70%1.63%
200963.66%2548.97%
20082.40%-93.26%
200735.66%-30.32%
200651.19%-310.21%
2005-24.35%-401.05%
20048.09%-84.28%
200351.44%21.31%
200242.40%3.84%
200140.84%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.90%-52.75%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-61.85%-696.43%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
10.60% 2.22%๐Ÿ‡บ๐Ÿ‡ธ USA
9.52%-8.20%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.