Akbank
AKBNK.IS
#1948
Rank
$8.42 B
Marketcap
$1.62
Share price
-0.89%
Change (1 day)
39.75%
Change (1 year)

Operating Margin for Akbank (AKBNK.IS)

Operating Margin as of October 2024 (TTM): 48.16%

According to Akbank's latest financial reports and stock price the company's current Operating Margin is 48.16%. At the end of 2023 the company had an Operating Margin of 57.89%.

Operating Margin history for Akbank from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202357.89%-19.39%
202271.81%70.55%
202142.11%32.01%
202031.90%-0.48%
201932.05%-11.54%
201836.23%-29.12%
201751.11%6.46%
201648.01%23.59%
201538.85%-9.41%
201442.88%0.06%
201342.85%-12.64%
201249.05%-3.04%
201150.59%-16.61%
201060.67%23.12%
200949.28%28.43%
200838.37%-23.51%
200750.16%4.21%
200648.14%-14.17%
200556.08%29.38%
200443.35%-42.88%
200375.89%195.2%
200225.71%

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.