RLX Technology
RLX
Operating Margin for RLX Technology (RLX)
Operating Margin as of May 2024 (TTM): 1.65%
According to RLX Technology's latest financial reports and stock price the company's current Operating Margin is 1.65%. At the end of 2022 the company had an Operating Margin of 33.38%.
Operating Margin history for RLX Technology from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 33.38% | 6.96% |
| 2021 | 31.21% | 1063.91% |
| 2020 | 2.68% | -43.6% |
| 2019 | 4.76% | 200.56% |
| 2018 | 1.58% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Vector Group
VGR | 15.30% | 827.27% | 🇺🇸 USA |
 Turning Point Brands TPB | 7.23% | 338.18% | 🇺🇸 USA |
 RLX Technology RLX | 1.65% | 0.00% | 🇨🇳 China |
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.