Rent the Runway
RENT
#5952
Rank
$0.29 B
Marketcap
$4.49
Share price
-0.22%
Change (1 day)
-11.96%
Change (1 year)

Operating Margin for Rent the Runway (RENT)

Operating Margin as of February 2023 (TTM): -53.24%

According to Rent the Runway's latest financial reports and stock price the company's current Operating Margin is -53.24%. At the end of 2022 the company had an Operating Margin of -61.93%.

Operating Margin history for Rent the Runway from 2021 to 2022

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.