GarantiBank
GARAN.IS
$2.63
Share price
1.61%
Change (1 day)
87.86%
Change (1 year)
Categories
Operating Margin for GarantiBank (GARAN.IS)
Operating Margin as of May 2024 (TTM): 54.32%
According to GarantiBank's latest financial reports and stock price the company's current Operating Margin is 54.32%. At the end of 2022 the company had an Operating Margin of 57.88%.
Operating Margin history for GarantiBank from 2011 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 57.88% | 99.3% |
| 2021 | 29.04% | 23.61% |
| 2020 | 23.50% | -11.41% |
| 2019 | 26.52% | -14.2% |
| 2018 | 30.91% | -27.23% |
| 2017 | 42.48% | 3.03% |
| 2016 | 41.23% | 23.06% |
| 2015 | 33.50% | -13.68% |
| 2014 | 38.82% | -2.47% |
| 2013 | 39.80% | -9.89% |
| 2012 | 44.16% | -8.08% |
| 2011 | 48.05% | -6.52% |
| 2010 | 51.40% | 10.5% |
| 2009 | 46.52% | 13.58% |
| 2008 | 40.96% | -24.61% |
| 2007 | 54.33% | 33.5% |
| 2006 | 40.69% |
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.