According to ACLEDA Bank's latest financial reports and stock price the company's current Operating Margin is 59.23%. At the end of 2021 the company had an Operating Margin of 59.23%.
Year | Operating Margin | Change |
---|---|---|
2021 | 59.23% | 1.01% |
2020 | 58.64% | 3.93% |
2019 | 56.42% | -7.89% |
2018 | 61.25% |
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.