First Western Financial
MYFW
$16.88
Share price
1.02%
Change (1 day)
-0.71%
Change (1 year)
Categories
Operating Margin for First Western Financial (MYFW)
Operating Margin as of June 2024 (TTM): 24.21%
According to First Western Financial's latest financial reports and stock price the company's current Operating Margin is 24.21%. At the end of 2021 the company had an Operating Margin of 28.52%.
Operating Margin history for First Western Financial from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 28.52% | -17.33% |
| 2020 | 34.50% | 116.35% |
| 2019 | 15.95% | 22.65% |
| 2018 | 13.00% | 43.58% |
| 2017 | 9.06% | 37.91% |
| 2016 | 6.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 54.66% | 125.77% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 31.30% | 29.29% | 🇺🇸 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.