Al Rajhi Bank
1120.SR
#180
Rank
$86.10 B
Marketcap
$21.53
Share price
0.25%
Change (1 day)
5.54%
Change (1 year)

Operating Margin for Al Rajhi Bank (1120.SR)

Operating Margin as of April 2024 (TTM): 67.75%

According to Al Rajhi Bank's latest financial reports and stock price the company's current Operating Margin is 67.75%. At the end of 2022 the company had an Operating Margin of 66.96%.

Operating Margin history for Al Rajhi Bank from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202266.96%4.38%
202164.15%12.22%
202057.16%-1.79%
201958.20%-2.37%
201859.62%3.72%
201757.48%7.54%
201653.45%2.94%
201551.92%3.6%
201450.11%-7.04%
201353.91%-9.12%
201259.32%-3.58%
201161.52%-161.53%
2010-99.99%-4.02%
2009-104.17%-133.22%
2008313.56%

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.