Bank of India
BANKINDIA.NS
$1.82
Share price
-2.22%
Change (1 day)
76.70%
Change (1 year)
Categories
Operating Margin for Bank of India (BANKINDIA.NS)
Operating Margin as of May 2024 (TTM): 22.01%
According to Bank of India 's latest financial reports and stock price the company's current Operating Margin is 22.01%. At the end of 2023 the company had an Operating Margin of 22.02%.
Operating Margin history for Bank of India from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 22.02% | -19.28% |
| 2022 | 27.27% | 74.73% |
| 2021 | 15.61% | -174.53% |
| 2020 | -20.94% | -57.16% |
| 2019 | -48.89% | -14.66% |
| 2018 | -57.28% | 363.19% |
| 2017 | -12.37% | -76.55% |
| 2016 | -52.73% | -493.17% |
| 2015 | 13.41% | -75.08% |
| 2014 | 53.82% | 123.42% |
| 2013 | 24.09% |
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.