Radius Recycling (Schnitzer Steel)
RDUS
#5824
Rank
$0.58 B
Marketcap
$21.13
Share price
2.32%
Change (1 day)
-28.59%
Change (1 year)

Operating Margin for Radius Recycling (Schnitzer Steel) (RDUS)

Operating Margin as of March 2024 (TTM): 2.70%

According to Radius Recycling (Schnitzer Steel) 's latest financial reports and stock price the company's current Operating Margin is 2.70%. At the end of 2022 the company had an Operating Margin of 6.46%.

Operating Margin history for Radius Recycling (Schnitzer Steel) from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20226.46%-16.43%
20217.73%1867.13%
20200.39%-90.08%
20193.96%-37.88%
20186.38%89.61%
20173.36%-787.73%
2016-0.49%-95.1%
2015-9.99%-1279.27%
20140.85%-106.78%
2013-12.50%-861.5%
20121.64%-70%
20115.47%-1.4%
20105.55%-309.99%
2009-2.64%-123.92%
200811.05%33.06%
20078.30%-12.04%
20069.44%-65.38%
200527.27%10.14%
200424.76%67.59%
200314.77%218.72%
20024.63%-4.03%
20014.83%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
16.99% 529.26%๐Ÿ‡บ๐Ÿ‡ธ USA
24.67% 813.70%๐Ÿ‡บ๐Ÿ‡ธ USA
7.02% 160.00%๐Ÿ‡บ๐Ÿ‡ธ USA
22.55% 735.19%๐Ÿ‡บ๐Ÿ‡ธ USA
15.00% 455.56%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
9.14% 238.52%๐Ÿ‡บ๐Ÿ‡ธ USA
16.53% 512.22%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.