Reliance
RS
#1109
Rank
A$26.35 B
Marketcap
$487.04
Share price
-0.13%
Change (1 day)
15.94%
Change (1 year)

Operating Margin for Reliance (RS)

Operating Margin as of November 2024 (TTM): 9.53%

According to Reliance 's latest financial reports and stock price the company's current Operating Margin is 9.53%. At the end of 2023 the company had an Operating Margin of 12.69%.

Operating Margin history for Reliance from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202312.69%-16.39%
202215.18%5.32%
202114.41%104.69%
20207.04%-28.99%
20199.92%13.6%
20188.73%17.18%
20177.45%11.42%
20166.69%4.13%
20156.42%-1.41%
20146.51%-0.47%
20136.54%-22.41%
20128.43%12.12%
20117.52%21.76%
20106.18%24.92%
20094.95%-49.22%
20089.74%-3.61%
200710.10%-8.26%
200611.01%1.11%
200510.89%4.29%
200410.45%144.19%
20034.28%3.96%
20024.11%-17.68%
20015.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.03%-57.71%๐Ÿ‡บ๐Ÿ‡ธ USA
18.07% 89.61%๐Ÿ‡บ๐Ÿ‡ธ USA
3.14%-67.05%๐Ÿ‡บ๐Ÿ‡ธ USA
0.11%-98.85%๐Ÿ‡บ๐Ÿ‡ธ USA
2.84%-70.20%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.