TrustCo Bank
TRST
#6108
Rank
C$0.89 B
Marketcap
$47.11
Share price
2.60%
Change (1 day)
29.18%
Change (1 year)

Operating Margin for TrustCo Bank (TRST)

Operating Margin as of September 2024 (TTM): 36.93%

According to TrustCo Bank's latest financial reports and stock price the company's current Operating Margin is 36.93%. At the end of 2023 the company had an Operating Margin of 40.81%.

Operating Margin history for TrustCo Bank from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202340.81%-18.14%
202249.86%8.27%
202146.05%13.23%
202040.67%-7.29%
201943.87%-1.54%
201844.56%0.29%
201744.43%7.39%
201641.37%-0.22%
201541.46%-6.55%
201444.37%8.62%
201340.85%6.21%
201238.46%12.53%
201134.18%15.19%
201029.67%-10.08%
200933.00%-24.38%
200843.63%-14.25%
200750.88%-14.9%
200659.79%-13.6%
200569.21%9.56%
200463.17%4.27%
200360.58%12.45%
200253.87%0.17%
200153.78%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
41.33% 11.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.87%-134.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-100.26%-371.49%๐Ÿ‡บ๐Ÿ‡ธ USA
31.48%-14.76%๐Ÿ‡บ๐Ÿ‡ธ USA
6.27%-83.02%๐Ÿ‡บ๐Ÿ‡ธ USA

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.