According to Enterprise Bancorp's latest financial reports and stock price the company's current Operating Margin is 30.23%. At the end of 2023 the company had an Operating Margin of 30.02%.
Year | Operating Margin | Change |
---|---|---|
2023 | 30.02% | -8.96% |
2022 | 32.98% | -5.57% |
2021 | 34.92% | 23.64% |
2020 | 28.25% | -16.26% |
2019 | 33.73% | 8.11% |
2018 | 31.20% | -0.85% |
2017 | 31.47% | 14.13% |
2016 | 27.57% | 5.98% |
2015 | 26.02% | 0.22% |
2014 | 25.96% | 0.18% |
2013 | 25.91% | 1.92% |
2012 | 25.42% | 10.27% |
2011 | 23.05% | -3.92% |
2010 | 23.99% | 27.92% |
2009 | 18.76% | 23.49% |
2008 | 15.19% | -48.37% |
2007 | 29.42% | -2.36% |
2006 | 30.13% | 1.92% |
2005 | 29.56% | -1.71% |
2004 | 30.08% | -11.93% |
2003 | 34.15% | -67.64% |
2002 | 105.56% | 313.1% |
2001 | 25.55% |
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.