1st Source
SRCE
$49.32
Share price
-3.56%
Change (1 day)
17.88%
Change (1 year)
Categories
Operating Margin for 1st Source (SRCE)
Operating Margin as of April 2024 (TTM): 44.40%
According to 1st Source 's latest financial reports and stock price the company's current Operating Margin is 44.40%. At the end of 2021 the company had an Operating Margin of 46.00%.
Operating Margin history for 1st Source from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 46.00% | 42.61% |
| 2020 | 32.25% | -12.76% |
| 2019 | 36.97% | 9.46% |
| 2018 | 33.78% | -5.25% |
| 2017 | 35.65% | 3.43% |
| 2016 | 34.46% | -2.78% |
| 2015 | 35.45% | 0% |
| 2014 | 35.45% | -1.17% |
| 2013 | 35.87% | 10.42% |
| 2012 | 32.49% | 0.94% |
| 2011 | 32.18% | 24.63% |
| 2010 | 25.82% | 75.13% |
| 2009 | 14.75% | -31.31% |
| 2008 | 21.47% | -2.4% |
| 2007 | 21.99% | -32.4% |
| 2006 | 32.53% | 10.01% |
| 2005 | 29.57% | 39.99% |
| 2004 | 21.13% | 42.57% |
| 2003 | 14.82% | 149.2% |
| 2002 | 5.95% | -78.87% |
| 2001 | 28.14% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 43.10% | -2.93% | 🇺🇸 USA |
 Lakeland Financial Corp LKFN | 52.57% | 18.40% | 🇺🇸 USA |
 German American Bancorp GABC | 44.01% | -0.88% | 🇺🇸 USA |
 First Merchants Corporation
FRME | 41.13% | -7.36% | 🇺🇸 USA |
 First Financial THFF | 37.67% | -15.16% | 🇺🇸 USA |
 Horizon Bancorp HBNC | 41.85% | -5.74% | 🇺🇸 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.