Rumo
RAIL3.SA
#1799
Rank
$8.53 B
Marketcap
$4.61
Share price
-0.43%
Change (1 day)
32.47%
Change (1 year)
Categories

Operating Margin for Rumo (RAIL3.SA)

Operating Margin as of February 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
20227.19%234.53%
20212.15%-68.48%
20206.81%-47.22%
201912.91%57.03%
20188.22%-295.94%
2017-4.20%-84.48%
2016-27.03%717.41%
2015-3.31%-117.5%
201418.90%

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.