Banco Santander México
BSMX
$5.46
Share price
2.44%
Change (1 day)
0.00%
Change (1 year)
Categories
Operating Margin for Banco Santander México (BSMX)
Operating Margin as of June 2023 (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 2021 the company had an Operating Margin of 37.77%.
Operating Margin history for Banco Santander México from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 37.77% | 0.7% |
| 2020 | 37.51% | -6.54% |
| 2019 | 40.13% | 29.64% |
| 2018 | 30.96% | -28.45% |
| 2017 | 43.26% | 0.97% |
| 2016 | 42.85% | 2.47% |
| 2015 | 41.81% | 1.02% |
| 2014 | 41.39% | 3.64% |
| 2013 | 39.93% | -27.39% |
| 2012 | 55.00% | 37.5% |
| 2011 | 40.00% | -18.95% |
| 2010 | 49.35% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Citigroup C | 25.77% | -34.78% | 🇺🇸 USA |
 U.S. Bancorp USB | 29.13% | -26.27% | 🇺🇸 USA |
 HSBC HSBC | 28.50% | -27.87% | 🇬🇧 UK |
 Banco Bilbao Vizcaya Argentaria BBVA | 36.15% | -8.50% | 🇪🇸 Spain |
 Banco de Chile
BCH | 57.29% | 45.00% | 🇨🇱 Chile |
 Santander SAN | 27.65% | -30.02% | 🇪🇸 Spain |
 Scotiabank BNS | 39.28% | -0.58% | 🇨🇦 Canada |
 Bancolombia
CIB | 41.00% | 3.77% | 🇨🇴 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.