California BanCorp
CALB
#7858
Rank
โ‚ฌ0.19 B
Marketcap
23,24ย โ‚ฌ
Share price
1.05%
Change (1 day)
15.43%
Change (1 year)

Operating Margin for California BanCorp (CALB)

Operating Margin as of November 2024 (TTM): 36.14%

According to California BanCorp's latest financial reports and stock price the company's current Operating Margin is 36.14%. At the end of 2022 the company had an Operating Margin of 38.17%.

Operating Margin history for California BanCorp from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202238.17%21.79%
202131.34%145.77%
202012.75%-40.2%
201921.33%-28.17%
201829.69%-13.2%
201734.20%17.35%
201629.15%

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.