According to First Bancorp's latest financial reports and stock price the company's current Operating Margin is 40.34%. At the end of 2024 the company had an Operating Margin of 40.48%.
Year | Operating Margin | Change |
---|---|---|
2024 | 40.48% | -8.57% |
2023 | 44.27% | -13.08% |
2022 | 50.93% | -0.62% |
2021 | 51.25% | 23.87% |
2020 | 41.37% | -8.83% |
2019 | 45.38% | 2.37% |
2018 | 44.33% | 1.26% |
2017 | 43.78% | -0.78% |
2016 | 44.12% | 8% |
2015 | 40.85% | 7.34% |
2014 | 38.06% | 15.01% |
2013 | 33.09% | 3.38% |
2012 | 32.01% | 4.51% |
2011 | 30.63% | -5.95% |
2010 | 32.57% | 4.44% |
2009 | 31.18% | -24.88% |
2008 | 41.51% | -5.11% |
2007 | 43.75% | 4.34% |
2006 | 41.93% | -4.86% |
2005 | 44.07% | -3.25% |
2004 | 45.55% | 0.4% |
2003 | 45.37% | 8.91% |
2002 | 41.65% | 2.12% |
2001 | 40.79% |
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.