Banco Macro
BMA
$19.76
Share price
0.14%
Change (1 day)
49.68%
Change (1 year)
Categories
Operating Margin for Banco Macro (BMA)
Operating Margin as of October 2023 (TTM): 12.07%
According to Banco Macro 's latest financial reports and stock price the company's current Operating Margin is 12.07%. At the end of 2022 the company had an Operating Margin of 17.94%.
Operating Margin history for Banco Macro from 2007 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.94% | 44.7% |
| 2021 | 12.40% | -69.93% |
| 2020 | 41.22% | -14.12% |
| 2019 | 48.00% | 12.43% |
| 2018 | 42.69% | -14.23% |
| 2017 | 49.77% | 3.06% |
| 2016 | 48.30% | 0.97% |
| 2015 | 47.83% | 0.21% |
| 2014 | 47.73% | 4.48% |
| 2013 | 45.69% | 17.5% |
| 2012 | 38.88% | 2.18% |
| 2011 | 38.06% | 7.41% |
| 2010 | 35.43% | -15.57% |
| 2009 | 41.96% | 9.64% |
| 2008 | 38.28% | 25.8% |
| 2007 | 30.43% | -17.81% |
| 2006 | 37.02% | 20.79% |
| 2005 | 30.65% | -11.58% |
| 2004 | 34.66% | -69.13% |
| 2003 | 112.27% | 116.11% |
| 2002 | 51.95% | 251.45% |
| 2001 | 14.78% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Citigroup C | 23.30% | 93.04% | 🇺🇸 USA |
 Banco Santander-Chile BSAC | 35.84% | 196.93% | 🇨🇱 Chile |
 Santander SAN | 27.96% | 131.65% | 🇪🇸 Spain |
 Galicia Financial Group GGAL | 9.47% | -21.54% | 🇦🇷 Argentina |
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.