According to The Shiga Bank's latest financial reports and stock price the company's current Operating Margin is 26.54%. At the end of 2023 the company had an Operating Margin of 19.89%.
Year | Operating Margin | Change |
---|---|---|
2023 | 19.89% | -22.46% |
2022 | 25.65% | 53.03% |
2021 | 16.76% | -27.65% |
2020 | 23.17% | -4.75% |
2019 | 24.32% | -2.32% |
2018 | 24.90% | -2.69% |
2017 | 25.59% | 0.81% |
2016 | 25.38% | -19.95% |
2015 | 31.71% | 30.39% |
2014 | 24.32% | 40.83% |
2013 | 17.27% | -22.21% |
2012 | 22.20% | 51.97% |
2011 | 14.61% | 23.91% |
2010 | 11.79% | -152.97% |
2009 | -22.26% | -311.86% |
2008 | 10.51% | -40.88% |
2007 | 17.77% | -27.23% |
2006 | 24.42% | 4.93% |
2005 | 23.27% |
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.