According to Banorte's latest financial reports and stock price the company's current Operating Margin is 34.54%. At the end of 2022 the company had an Operating Margin of 34.53%.
Year | Operating Margin | Change |
---|---|---|
2022 | 34.53% | 20.56% |
2021 | 28.64% | 0.47% |
2020 | 28.50% | -21.04% |
2019 | 36.10% | 6.44% |
2018 | 33.91% | 12.87% |
2017 | 30.05% | 4.84% |
2016 | 28.66% | -0.8% |
2015 | 28.89% | 13.43% |
2014 | 25.47% | 7.71% |
2013 | 23.65% | -3.2% |
2012 | 24.43% | 9.82% |
2011 | 22.24% | -24.68% |
2010 | 29.53% | 20.63% |
2009 | 24.48% | -19.32% |
2008 | 30.34% | -23.83% |
2007 | 39.84% | -7.04% |
2006 | 42.85% | 5.38% |
2005 | 40.67% |
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.