According to REE Automotive's latest financial reports and stock price the company's current Operating Margin is -8,400,820.00%. At the end of 2021 the company had an Operating Margin of -8,400,816.67%.
Year | Operating Margin | Change |
---|---|---|
2021 | -8,400,816.67% | 48037.24% |
2020 | -17,451.80% | 874.55% |
2019 | -1,790.75% |
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.