Bank of New York Mellon
BK
$57.44
Share price
0.49%
Change (1 day)
30.99%
Change (1 year)
Categories
Operating Margin for Bank of New York Mellon (BK)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 20.76% | -30.19% |
| 2021 | 29.73% | 2.96% |
| 2020 | 28.88% | -16.84% |
| 2019 | 34.73% | 13.93% |
| 2018 | 30.48% | 0% |
| 2017 | 30.48% | -4.32% |
| 2016 | 31.86% | 11.43% |
| 2015 | 28.59% | 0.51% |
| 2014 | 28.45% | 11.49% |
| 2013 | 25.52% | 12.47% |
| 2012 | 22.69% | -0.46% |
| 2011 | 22.79% | -16.72% |
| 2010 | 27.37% | -189.61% |
| 2009 | -30.54% | -306.88% |
| 2008 | 14.76% | -49.63% |
| 2007 | 29.30% | -37.04% |
| 2006 | 46.55% | 35% |
| 2005 | 34.48% | -0.65% |
| 2004 | 34.71% | 10.6% |
| 2003 | 31.38% | 9.97% |
| 2002 | 28.54% | -27.61% |
| 2001 | 39.42% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northern Trust
NTRS | 23.60% | 1.11% | 🇺🇸 USA |
 JPMorgan Chase JPM | 40.01% | 71.42% | 🇺🇸 USA |
 Wells Fargo WFC | 23.13% | -0.90% | 🇺🇸 USA |
 Citigroup C | 23.30% | -0.17% | 🇺🇸 USA |
 State Street Corporation
STT | 27.11% | 16.15% | 🇺🇸 USA |
 CIBC CM | 30.75% | 31.75% | 🇨🇦 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.