According to Ringkjøbing Landbobank's latest financial reports and stock price the company's current Operating Margin is 75.35%. At the end of 2023 the company had an Operating Margin of 74.16%.
Year | Operating Margin | Change |
---|---|---|
2023 | 74.16% | 10.57% |
2022 | 67.07% | 6.86% |
2021 | 62.77% | 19.63% |
2020 | 52.47% | -8.34% |
2019 | 57.24% | 14.77% |
2018 | 49.88% | -26.73% |
2017 | 68.07% | 5.44% |
2016 | 64.55% | 4.55% |
2015 | 61.74% | 2.26% |
2014 | 60.38% | 10.98% |
2013 | 54.40% | 5.78% |
2012 | 51.43% | 4.02% |
2011 | 49.44% | 16.33% |
2010 | 42.50% | 12.72% |
2009 | 37.70% | -21.58% |
2008 | 48.08% | -28.29% |
2007 | 67.05% | -38.2% |
2006 | 108.49% | 63.97% |
2005 | 66.17% |
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.