Rite Aid
RAD
$0.45
Share price
-3.07%
Change (1 day)
-94.70%
Change (1 year)
Categories
Operating Margin for Rite Aid (RAD)
Operating Margin as of October 2023 (TTM): -2.20%
According to Rite Aid 's latest financial reports and stock price the company's current Operating Margin is -2.20%. At the end of 2022 the company had an Operating Margin of -2.21%.
Operating Margin history for Rite Aid from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -2.21% | 341.39% |
| 2021 | -0.50% | 34.36% |
| 2020 | -0.37% | -86.34% |
| 2019 | -2.72% | 1246.8% |
| 2018 | -0.20% | -237.13% |
| 2017 | 0.15% | -83.72% |
| 2016 | 0.91% | -43.7% |
| 2015 | 1.61% | 64.14% |
| 2014 | 0.98% | 3216.5% |
| 2013 | 0.03% | -101.97% |
| 2012 | -1.50% | -30.6% |
| 2011 | -2.16% | 15.73% |
| 2010 | -1.87% | -80.97% |
| 2009 | -9.82% | 773.86% |
| 2008 | -1.12% | -1549.22% |
| 2007 | 0.08% | -69.02% |
| 2006 | 0.25% | -68.57% |
| 2005 | 0.80% | 283.26% |
| 2004 | 0.21% | -119.6% |
| 2003 | -1.06% | -79.17% |
| 2002 | -5.09% | -42.35% |
| 2001 | -8.84% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 CVS Health CVS | 1.80% | -181.82% | 🇺🇸 USA |
 1-800-PetMeds
PETS | 5.77% | -362.27% | 🇺🇸 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.