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%.
Year | Operating Margin | Change |
---|---|---|
2023 | 18.82% | -208.37% |
2022 | -17.36% | -33.81% |
2021 | -26.23% | -568.25% |
2020 | 5.60% | -76.27% |
2019 | 23.61% | -36.92% |
2018 | 37.42% | 6.11% |
2017 | 35.27% | -3.59% |
2016 | 36.58% | 18.74% |
2015 | 30.81% | -15.8% |
2014 | 36.59% | 10.76% |
2013 | 33.04% | 10.36% |
2012 | 29.93% | -1.57% |
2011 | 30.41% | 32.12% |
2010 | 23.02% | 18483.41% |
2009 | 0.12% | -99.65% |
2008 | 35.37% | 0.18% |
2007 | 35.31% | 25.74% |
2006 | 28.08% | -39.87% |
2005 | 46.70% |
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.