Bank Millennium
MIL.WA
#3861
Rank
C$3.64 B
Marketcap
$3.00
Share price
3.07%
Change (1 day)
6.92%
Change (1 year)

Operating Margin for Bank Millennium (MIL.WA)

Operating Margin as of December 2024 (TTM): 12.87%

According to Bank Millennium's latest financial reports and stock price the company's current Operating Margin is 12.87%. At the end of 2023 the company had an Operating Margin of 18.82%.

Operating Margin history for Bank Millennium from 2009 to 2024

2013201620192022-40 %-20 %20 %40 %0companiesmarketcap.com

Operating Margin at the end of each year

Year Operating Margin Change
202318.82%-208.37%
2022-17.36%-33.81%
2021-26.23%-568.25%
20205.60%-76.27%
201923.61%-36.92%
201837.42%6.11%
201735.27%-3.59%
201636.58%18.74%
201530.81%-15.8%
201436.59%10.76%
201333.04%10.36%
201229.93%-1.57%
201130.41%32.12%
201023.02%18483.41%
20090.12%-99.65%
200835.37%0.18%
200735.31%25.74%
200628.08%-39.87%
200546.70%

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.