According to Comerica's latest financial reports and stock price the company's current Operating Margin is 22.58%. At the end of 2023 the company had an Operating Margin of 31.85%.
Year | Operating Margin | Change |
---|---|---|
2023 | 31.85% | -23.74% |
2022 | 41.77% | -16.83% |
2021 | 50.22% | 135.49% |
2020 | 21.33% | -53.65% |
2019 | 46.01% | -0.25% |
2018 | 46.12% | 18.41% |
2017 | 38.95% | 65.58% |
2016 | 23.53% | -14.56% |
2015 | 27.53% | -20.76% |
2014 | 34.74% | 12.46% |
2013 | 30.90% | 5.34% |
2012 | 29.33% | 35.31% |
2011 | 21.68% | 67.57% |
2010 | 12.94% | -392.14% |
2009 | -4.43% | -144.25% |
2008 | 10.01% | -70.75% |
2007 | 34.21% | -14.91% |
2006 | 40.21% | -7.75% |
2005 | 43.58% | 3.77% |
2004 | 42.00% | 23.97% |
2003 | 33.88% | 16.46% |
2002 | 29.09% | -23.05% |
2001 | 37.80% |
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.