Rent the Runway
RENT
$12.35
Share price
9.49%
Change (1 day)
306.25%
Change (1 year)
Categories
Operating Margin for Rent the Runway (RENT)
Operating Margin as of April 2024 (TTM): -46.86%
According to Rent the Runway's latest financial reports and stock price the company's current Operating Margin is -46.86%. At the end of 2022 the company had an Operating Margin of -61.93%.
Operating Margin history for Rent the Runway from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -61.93% | -25.26% |
| 2021 | -82.86% | 63.74% |
| 2020 | -50.60% |
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.