Rimini Street
RMNI
#6589
Rank
$0.29 B
Marketcap
$3.26
Share price
3.16%
Change (1 day)
-16.84%
Change (1 year)

Operating Margin for Rimini Street (RMNI)

Operating Margin as of March 2024 (TTM): 1.99%

According to Rimini Street's latest financial reports and stock price the company's current Operating Margin is 1.99%. At the end of 2021 the company had an Operating Margin of 5.19%.

Operating Margin history for Rimini Street from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20215.19%-3.35%
20205.37%-25.44%
20197.20%-127.6%
2018-26.10%6.76%
2017-24.44%
2015-36.38%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44%-1,780.58%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.