Bank of New York Mellon
BK
#439
Rank
$44.49 B
Marketcap
$59.50
Share price
1.24%
Change (1 day)
44.84%
Change (1 year)

Operating Margin for Bank of New York Mellon (BK)

Operating Margin as of May 2024 (TTM): 23.34%

According to Bank of New York Mellon's latest financial reports and stock price the company's current Operating Margin is 23.34%. At the end of 2022 the company had an Operating Margin of 20.76%.

Operating Margin history for Bank of New York Mellon from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202220.76%-30.19%
202129.73%2.96%
202028.88%-16.84%
201934.73%13.93%
201830.48%0%
201730.48%-4.32%
201631.86%11.43%
201528.59%0.51%
201428.45%11.49%
201325.52%12.47%
201222.69%-0.46%
201122.79%-16.72%
201027.37%-189.61%
2009-30.54%-306.88%
200814.76%-49.63%
200729.30%-37.04%
200646.55%35%
200534.48%-0.65%
200434.71%10.6%
200331.38%9.97%
200228.54%-27.61%
200139.42%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
23.60% 1.11%๐Ÿ‡บ๐Ÿ‡ธ USA
40.01% 71.42%๐Ÿ‡บ๐Ÿ‡ธ USA
23.13%-0.90%๐Ÿ‡บ๐Ÿ‡ธ USA
23.30%-0.17%๐Ÿ‡บ๐Ÿ‡ธ USA
27.11% 16.15%๐Ÿ‡บ๐Ÿ‡ธ USA
30.75% 31.75%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.