According to Union Bankshares's latest financial reports and stock price the company's current Operating Margin is 19.27%. At the end of 2023 the company had an Operating Margin of 27.49%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.49% | -13.63% |
2022 | 31.83% | -3.85% |
2021 | 33.11% | 1.79% |
2020 | 32.53% | 4.1% |
2019 | 31.25% | 39.97% |
2018 | 22.32% | -34.32% |
2017 | 33.99% | 4.87% |
2016 | 32.41% | -1.22% |
2015 | 32.81% | 4.91% |
2014 | 31.27% | 3.36% |
2013 | 30.26% | 11.93% |
2012 | 27.03% | 12.05% |
2011 | 24.12% | -19.12% |
2010 | 29.83% | 5.2% |
2009 | 28.35% | 3.6% |
2008 | 27.37% | -19.77% |
2007 | 34.11% | -9.33% |
2006 | 37.62% | -5.64% |
2005 | 39.87% | -0.76% |
2004 | 40.17% | 4.59% |
2003 | 38.41% | 2.62% |
2002 | 37.43% | -3.17% |
2001 | 38.66% |
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.