According to Summit Financial Group's latest financial reports and stock price the company's current Operating Margin is 47.09%. At the end of 2021 the company had an Operating Margin of 45.03%.
Year | Operating Margin | Change |
---|---|---|
2021 | 45.03% | 31.7% |
2020 | 34.19% | -18.4% |
2019 | 41.90% | 2.37% |
2018 | 40.93% | 53.13% |
2017 | 26.73% | -35.01% |
2016 | 41.13% | 3.57% |
2015 | 39.71% | 30.73% |
2014 | 30.38% | 39.79% |
2013 | 21.73% | 63.09% |
2012 | 13.33% | 25.3% |
2011 | 10.63% | -204.32% |
2010 | -10.19% | 93.58% |
2009 | -5.27% | -242.07% |
2008 | 3.71% | -91.07% |
2007 | 41.51% | 2.01% |
2006 | 40.69% | 52.23% |
2005 | 26.73% | -3.16% |
2004 | 27.60% | -30.47% |
2003 | 39.70% | -5.26% |
2002 | 41.91% | 4.67% |
2001 | 40.04% |
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.