Rite Aid Operating Income

Rite Aid posts a operating income of $-480M as of August 2023. That compares with $-5.3M in the prior-year period — down 8869.7% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Rite Aid's operating income was $-5.3M. The latest reading is $-480M — a 8869.7% year-over-year decrease (period ending August 2023). Use the history and growth charts on this page for a longer lookback.

Operating Income is one piece of Rite Aid's financial statement story. At $-480M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for RAD's operating income usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Rite Aid's other metric pages and overview cover the third.

Judging Rite Aid against Healthcare peers is usually better than using a market-wide rule of thumb. Business models inside Healthcare are more comparable, which makes gaps in operating income easier to interpret. Start with $-480M here, then scan peer and history charts to see if the gap is persistent.