Rumo
RAIL3.SA
$4.09
Share price
0.71%
Change (1 day)
4.87%
Change (1 year)
Categories
Operating Margin for Rumo (RAIL3.SA)
Operating Margin as of April 2024 (TTM): 7.99%
According to Rumo's latest financial reports and stock price the company's current Operating Margin is 7.99%. At the end of 2022 the company had an Operating Margin of 7.19%.
Operating Margin history for Rumo from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.19% | 234.53% |
| 2021 | 2.15% | -68.48% |
| 2020 | 6.81% | -47.22% |
| 2019 | 12.91% | 57.03% |
| 2018 | 8.22% | -295.94% |
| 2017 | -4.20% | -84.48% |
| 2016 | -27.03% | 717.41% |
| 2015 | -3.31% | -117.5% |
| 2014 | 18.90% |
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.