RXO
RXO
$19.91
Share price
2.10%
Change (1 day)
5.34%
Change (1 year)
Categories
Operating Margin for RXO (RXO)
Operating Margin as of April 2024 (TTM): 0.28%
According to RXO's latest financial reports and stock price the company's current Operating Margin is 0.28%. At the end of 2022 the company had an Operating Margin of 2.56%.
Operating Margin history for RXO from 2022 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.56% | -38.01% |
| 2021 | 4.14% | 98.42% |
| 2020 | 2.09% | -28.03% |
| 2019 | 2.90% |
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.