California BanCorp
CALB
$22.09
Share price
0.87%
Change (1 day)
28.50%
Change (1 year)
Categories
Operating Margin for California BanCorp (CALB)
Operating Margin as of April 2024 (TTM): 39.89%
According to California BanCorp's latest financial reports and stock price the company's current Operating Margin is 39.89%. At the end of 2021 the company had an Operating Margin of 31.34%.
Operating Margin history for California BanCorp from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 31.34% | 145.77% |
| 2020 | 12.75% | -40.2% |
| 2019 | 21.33% | -31.38% |
| 2018 | 31.08% | -9.14% |
| 2017 | 34.20% | 17.35% |
| 2016 | 29.15% |
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.