Banco del Bajío
BBAJIOO.MX
$3.93
Share price
1.11%
Change (1 day)
17.66%
Change (1 year)
Categories
Operating Margin for Banco del Bajío (BBAJIOO.MX)
Operating Margin as of May 2024 (TTM): 54.79%
According to Banco del Bajío's latest financial reports and stock price the company's current Operating Margin is 54.79%. At the end of 2021 the company had an Operating Margin of 41.02%.
Operating Margin history for Banco del Bajío from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 41.02% | 26.9% |
| 2020 | 32.33% | -37.37% |
| 2019 | 51.62% | 2.81% |
| 2018 | 50.20% | 13.05% |
| 2017 | 44.41% | 23.88% |
| 2016 | 35.85% | 13.67% |
| 2015 | 31.54% | 0.71% |
| 2014 | 31.31% | 37.18% |
| 2013 | 22.82% | 12.14% |
| 2012 | 20.35% | -5.64% |
| 2011 | 21.57% | -17.09% |
| 2010 | 26.02% |
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.