RumbleON
RMBL
#6976
Rank
$0.18 B
Marketcap
$5.15
Share price
-0.77%
Change (1 day)
-28.57%
Change (1 year)

Operating Margin for RumbleON (RMBL)

Operating Margin as of April 2024 (TTM): -18.10%

According to RumbleON 's latest financial reports and stock price the company's current Operating Margin is -18.10%. At the end of 2021 the company had an Operating Margin of -3.34%.

Operating Margin history for RumbleON from 2017 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-3.34%-44.28%
2020-6.00%11.7%
2019-5.37%-66.62%
2018-16.10%-86.28%
2017-117.35%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 84.77%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.