Rumble
RUM
$7.38
Share price
1.79%
Change (1 day)
-25.30%
Change (1 year)
Categories
Operating Margin for Rumble (RUM)
Operating Margin as of May 2024 (TTM): -68.68%
According to Rumble's latest financial reports and stock price the company's current Operating Margin is -68.68%. At the end of 2022 the company had an Operating Margin of -87.56%.
Operating Margin history for Rumble from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -87.56% | 9.35% |
| 2021 | -80.07% | 203.53% |
| 2020 | -26.38% | 166.3% |
| 2019 | -9.91% |
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.