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Reliance Global Group (Reliance Global Group) Operating Margin % : -8.73% (As of Dec. 2023)


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What is Reliance Global Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Reliance Global Group's Operating Income for the three months ended in Dec. 2023 was $-0.29 Mil. Reliance Global Group's Revenue for the three months ended in Dec. 2023 was $3.32 Mil. Therefore, Reliance Global Group's Operating Margin % for the quarter that ended in Dec. 2023 was -8.73%.

Good Sign:

Reliance Global Group Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Reliance Global Group's Operating Margin % or its related term are showing as below:

RELI' s Operating Margin % Range Over the Past 10 Years
Min: -4389.47   Med: -69.74   Max: -29.99
Current: -32.45


RELI's Operating Margin % is ranked worse than
90.16% of 61 companies
in the Insurance industry
Industry Median: 5.1 vs RELI: -32.45

Reliance Global Group's 5-Year Average Operating Margin % Growth Rate was 42.00% per year.

Reliance Global Group's Operating Income for the three months ended in Dec. 2023 was $-0.29 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.46 Mil.


Reliance Global Group Operating Margin % Historical Data

The historical data trend for Reliance Global Group's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reliance Global Group Operating Margin % Chart

Reliance Global Group Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -69.74 -49.71 -29.99 -55.94 -33.27

Reliance Global Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -37.41 -22.67 -57.51 -43.80 -8.73

Competitive Comparison of Reliance Global Group's Operating Margin %

For the Insurance Brokers subindustry, Reliance Global Group's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Global Group's Operating Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Reliance Global Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Reliance Global Group's Operating Margin % falls into.



Reliance Global Group Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Reliance Global Group's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-4.568 / 13.732
=-33.27 %

Reliance Global Group's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0.29 / 3.321
=-8.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reliance Global Group  (NAS:RELI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Reliance Global Group Operating Margin % Related Terms

Thank you for viewing the detailed overview of Reliance Global Group's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliance Global Group (Reliance Global Group) Business Description

Traded in Other Exchanges
N/A
Address
300 Boulevard of the Americas, Suite 105, Lakewood, NJ, USA, 08701
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. It generates revenue in the form of commissions.
Executives
Yaakov Beyman officer: Executive VP, Insurance 300 BLVD. OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Ezra Beyman officer: CEO 300 BLVD OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Scott Korman director C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361
William Y. Lebovics officer: Chief Financial Officer 300 BLVD. OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Joel Markovits officer: Chief Accounting Officer 300 BLVD. OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Reliance Global Holdings Llc officer: CEO 300 BLVD. OF THE AMERICAS., SUITE 105, LAKEWOOD NJ 08701
Miriam Spitz other: Director of Investor Services 18 SCENIC DRIVE, SUFFERN NY 10901
Alex Blumenfrucht officer: CFO 517 REYNOLDS AVE, TOMS RIVER NJ 08755
Jack Namer director, 10 percent owner, officer: Chief Executive Officer 1500 NW 65TH AVENUE PLANTATION FL 33313
Amy M. Nalewaik 10 percent owner 1500 NW 65TH AVENUE PLANTATION FL 33313