IDBI Bank
IDBI.NS
#1557
Rank
โ‚ฌ10.21 B
Marketcap
0,95ย โ‚ฌ
Share price
-1.68%
Change (1 day)
16.58%
Change (1 year)

Operating Margin for IDBI Bank (IDBI.NS)

Operating Margin as of September 2024 (TTM): 39.40%

According to IDBI Bank 's latest financial reports and stock price the company's current Operating Margin is 39.40%. At the end of 2023 the company had an Operating Margin of 24.58%.

Operating Margin history for IDBI Bank from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202324.58%26.55%
202219.42%71.47%
202111.33%-109.54%
2020-118.74%-28%
2019-164.92%147.38%
2018-66.66%31.1%
2017-50.85%34.74%
2016-37.74%-488.66%
20159.71%-25.06%
201412.96%-42.58%
201322.57%-26.25%
201230.60%25.21%
201124.44%
200632.00%-15.35%
200537.80%

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.