ECB Bancorp
ECBK
#8358
Rank
C$0.18 B
Marketcap
$19.42
Share price
-2.52%
Change (1 day)
31.12%
Change (1 year)

Operating Margin for ECB Bancorp (ECBK)

Operating Margin as of October 2024 (TTM): 18.83%

According to ECB Bancorp's latest financial reports and stock price the company's current Operating Margin is 18.83%. At the end of 2022 the company had an Operating Margin of 13.96%.

Operating Margin history for ECB Bancorp from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202213.96%-49.17%
202127.47%-27.96%
202038.13%

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.