Rimini Street
RMNI
#8194
Rank
$0.16 B
Marketcap
$1.82
Share price
0.55%
Change (1 day)
-15.74%
Change (1 year)

Operating Margin for Rimini Street (RMNI)

Operating Margin as of October 2024 (TTM): 5.67%

According to Rimini Street's latest financial reports and stock price the company's current Operating Margin is 5.67%. At the end of 2023 the company had an Operating Margin of 9.56%.

Operating Margin history for Rimini Street from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.56%928.79%
20220.93%-82.11%
20215.19%4.99%
20204.94%-42.4%
20198.58%-135.11%
2018-24.45%7.84%
2017-22.67%218.36%
2016-7.12%-80.43%
2015-36.38%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44%-689.83%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.