First Bancorp
FNLC
$22.99
Share price
3.75%
Change (1 day)
-6.32%
Change (1 year)
Categories
Operating Margin for First Bancorp (FNLC)
Operating Margin as of April 2024 (TTM): 49.62%
According to First Bancorp's latest financial reports and stock price the company's current Operating Margin is 49.62%. At the end of 2022 the company had an Operating Margin of 50.93%.
Operating Margin history for First Bancorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 50.93% | -0.62% |
| 2021 | 51.25% | 23.87% |
| 2020 | 41.37% | -8.83% |
| 2019 | 45.38% | 2.37% |
| 2018 | 44.33% | 1.26% |
| 2017 | 43.78% | -0.78% |
| 2016 | 44.12% | 8% |
| 2015 | 40.85% | 7.34% |
| 2014 | 38.06% | 15.01% |
| 2013 | 33.09% | 3.38% |
| 2012 | 32.01% | 4.51% |
| 2011 | 30.63% | -5.95% |
| 2010 | 32.57% | 4.44% |
| 2009 | 31.18% | -24.88% |
| 2008 | 41.51% | -5.11% |
| 2007 | 43.75% | 4.34% |
| 2006 | 41.93% | -4.86% |
| 2005 | 44.07% | -3.25% |
| 2004 | 45.55% | 0.4% |
| 2003 | 45.37% | 8.91% |
| 2002 | 41.65% | 2.12% |
| 2001 | 40.79% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 39.82% | -19.75% | 🇺🇸 USA |
 Northeast Bank NBN | 54.66% | 10.16% | 🇺🇸 USA |
 Independent Bank Corp (Massachusetts) INDB | 47.16% | -4.96% | 🇺🇸 USA |
 Enterprise Bancorp EBTC | 32.36% | -34.78% | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Bar Harbor Bankshares
BHB | 38.64% | -22.13% | 🇺🇸 USA |
 Camden National Bank
CAC | 39.98% | -19.43% | 🇺🇸 USA |
 Webster Financial WBS | 44.18% | -10.96% | 🇺🇸 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.