Rocket Companies
RKT
#665
Rank
$29.19 B
Marketcap
$14.69
Share price
-0.27%
Change (1 day)
59.85%
Change (1 year)

Operating Margin for Rocket Companies (RKT)

Operating Margin as of June 2024 (TTM): -19.19%

According to Rocket Companies 's latest financial reports and stock price the company's current Operating Margin is -19.19%. At the end of 2022 the company had an Operating Margin of 13.05%.

Operating Margin history for Rocket Companies from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202213.05%-73.24%
202148.76%-20.45%
202061.30%240.02%
201918.03%18.99%
201815.15%-20.08%
201718.96%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.48%-128.56%๐Ÿ‡บ๐Ÿ‡ธ USA
16.09%-183.85%๐Ÿ‡บ๐Ÿ‡ธ USA
7.58%-139.50%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47%-128.50%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.