Banco Santander México
BSMX
$5.46
Share price
2.44%
Change (1 day)
1.87%
Change (1 year)
Categories
Operating Margin for Banco Santander México (BSMX)
Operating Margin as of April 2024 (TTM): 39.51%
According to Banco Santander México's latest financial reports and stock price the company's current Operating Margin is 39.51%. At the end of 2022 the company had an Operating Margin of 37.11%.
Operating Margin history for Banco Santander México from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 37.11% | 46.46% |
| 2021 | 25.34% | -32.44% |
| 2020 | 37.51% | -6.54% |
| 2019 | 40.13% | 29.64% |
| 2018 | 30.96% | -28.45% |
| 2017 | 43.26% | 41.85% |
| 2016 | 30.50% | 0.16% |
| 2015 | 30.45% | -4.65% |
| 2014 | 31.94% | -23.49% |
| 2013 | 41.74% | -1.15% |
| 2012 | 42.22% | 5.57% |
| 2011 | 40.00% | -18.95% |
| 2010 | 49.35% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Citigroup C | 23.30% | -41.03% | 🇺🇸 USA |
 U.S. Bancorp USB | 27.15% | -31.28% | 🇺🇸 USA |
 HSBC HSBC | 44.29% | 12.10% | 🇬🇧 UK |
 Banco Bilbao Vizcaya Argentaria BBVA | 38.65% | -2.18% | 🇪🇸 Spain |
 Banco de Chile
BCH | 55.74% | 41.08% | 🇨🇱 Chile |
 Santander SAN | 27.96% | -29.23% | 🇪🇸 Spain |
 Scotiabank BNS | 36.29% | -8.15% | 🇨🇦 Canada |
 Bancolombia
CIB | 31.45% | -20.40% | 🇨🇴 Colombia |
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.