Alerus Financial
ALRS
$20.37
Share price
-0.34%
Change (1 day)
49.89%
Change (1 year)
Categories
Operating Margin for Alerus Financial (ALRS)
Operating Margin as of May 2024 (TTM): 23.99%
According to Alerus Financial's latest financial reports and stock price the company's current Operating Margin is 23.99%. At the end of 2021 the company had an Operating Margin of 30.00%.
Operating Margin history for Alerus Financial from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 30.00% | 16.99% |
| 2020 | 25.65% | 22.57% |
| 2019 | 20.92% | 11.35% |
| 2018 | 18.79% | -8.86% |
| 2017 | 20.62% | 51.13% |
| 2016 | 13.64% | -21.59% |
| 2015 | 17.40% | -28.4% |
| 2014 | 24.30% | -8.35% |
| 2013 | 26.51% | 31.34% |
| 2012 | 20.19% | 21.4% |
| 2011 | 16.63% | 66.27% |
| 2010 | 10.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 First Foundation
FFWM | 39.88% | 66.24% | 🇺🇸 USA |
 OFG Bancorp
OFG | 39.75% | 65.69% | 🇺🇸 USA |
 Heartland Financial USA HTLF | 37.95% | 58.19% | 🇺🇸 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.