According to Bandhan Bank 's latest financial reports and stock price the company's current Operating Margin is 22.74%. At the end of 2023 the company had an Operating Margin of 24.67%.
Year | Operating Margin | Change |
---|---|---|
2023 | 24.67% | 2112.32% |
2022 | 1.11% | -96.38% |
2021 | 30.77% | -40.18% |
2020 | 51.43% | -4.47% |
2019 | 53.83% | -3.29% |
2018 | 55.66% | -8.13% |
2017 | 60.59% | 58.65% |
2016 | 38.19% | 31.77% |
2015 | 28.98% |
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.