Bancolombia
CIB
#1817
Rank
$8.36 B
Marketcap
๐Ÿ‡จ๐Ÿ‡ด Colombia
Country
$33.29
Share price
-0.54%
Change (1 day)
14.95%
Change (1 year)

Operating Margin for Bancolombia (CIB)

Operating Margin as of April 2024 (TTM): 31.45%

According to Bancolombia 's latest financial reports and stock price the company's current Operating Margin is 31.45%. At the end of 2022 the company had an Operating Margin of 40.26%.

Operating Margin history for Bancolombia from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202240.26%16.8%
202134.47%1655%
20201.96%-93.06%
201928.30%13.47%
201824.94%-8.67%
201727.31%-6.81%
201629.30%-3.81%
201530.46%15.29%
201426.42%4.22%
201325.35%-15.14%
201229.88%-11.11%
201133.61%-4.89%
201035.34%19.07%
200929.68%-7.09%
200831.94%-5.51%
200733.81%16.01%
200629.14%-23.28%
200537.99%-9.01%
200441.75%31.33%
200331.79%54.97%
200220.51%15.91%
200117.70%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
38.65% 22.89%๐Ÿ‡ช๐Ÿ‡ธ Spain
55.74% 77.23%๐Ÿ‡จ๐Ÿ‡ฑ Chile
60.26% 91.61%๐Ÿ‡ต๐Ÿ‡ฆ Panama
35.84% 13.96%๐Ÿ‡จ๐Ÿ‡ฑ Chile
39.51% 25.63%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
27.96%-11.10%๐Ÿ‡ช๐Ÿ‡ธ Spain
36.29% 15.39%๐Ÿ‡จ๐Ÿ‡ฆ Canada
26.31%-16.34%๐Ÿ‡ง๐Ÿ‡ท Brazil
38.66% 22.93%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.