Synovus
SNV
#2029
Rank
โ‚ฌ7.45 B
Marketcap
52,62ย โ‚ฌ
Share price
1.03%
Change (1 day)
106.96%
Change (1 year)

Operating Margin for Synovus (SNV)

Operating Margin as of November 2024 (TTM): 28.25%

According to Synovus 's latest financial reports and stock price the company's current Operating Margin is 28.25%. At the end of 2023 the company had an Operating Margin of 32.27%.

Operating Margin history for Synovus from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202332.27%-26.17%
202243.70%-12.41%
202149.89%107.86%
202024.00%-38.77%
201939.20%2.3%
201838.32%9.22%
201735.08%5.88%
201633.13%1.07%
201532.78%16.21%
201428.21%18.6%
201323.78%774.31%
20122.72%-157.56%
2011-4.73%-92.83%
2010-65.90%-41.75%
2009-113.12%151.67%
2008-44.95%-229.6%
200734.68%-20.21%
200643.46%-0.27%
200543.58%36.07%
200432.03%-0.11%
200332.06%-1.66%
200232.60%3.89%
200131.38%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
30.50% 7.96%๐Ÿ‡บ๐Ÿ‡ธ USA
43.57% 54.23%๐Ÿ‡บ๐Ÿ‡ธ USA
31.28% 10.73%๐Ÿ‡บ๐Ÿ‡ธ USA
25.96%-8.11%๐Ÿ‡บ๐Ÿ‡ธ USA
28.36% 0.39%๐Ÿ‡บ๐Ÿ‡ธ USA

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.