Mineralrite Operating Margin Growth & History (RITE)

Mineralrite's operating margin was −7,332.32% for fiscal 2024.

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Mineralrite annual operating margin history

Mineralrite annual operating margin

Fiscal yearPeriod endedOperating marginChange (percentage points)
20242024-12-31−7,332.32%
20132013-12-31−391.08%

Mineralrite operating margin trends

Between the periods ended 2013-12-31 and 2024-12-31, Mineralrite's operating margin decreased from −391.08% to −7,332.32%, a change of −6941.24 percentage points. The latest reported quarter, Q3 2014, shows −197.44%.

About the metric

What operating margin means

Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.

Calculation and source

How operating margin is calculated

TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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