Bancolombia
CIB
#1938
Rank
ยฃ6.19 B
Marketcap
๐Ÿ‡จ๐Ÿ‡ด Colombia
Country
ยฃ24.52
Share price
-2.13%
Change (1 day)
22.51%
Change (1 year)

Operating Margin for Bancolombia (CIB)

Operating Margin as of September 2024 (TTM): 29.48%

According to Bancolombia 's latest financial reports and stock price the company's current Operating Margin is 29.48%. At the end of 2022 the company had an Operating Margin of 40.20%.

Operating Margin history for Bancolombia from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202240.20%16.46%
202134.52%1656.99%
20201.96%-93.1%
201928.49%14.11%
201824.97%-8.71%
201727.35%-6.83%
201629.35%-2.08%
201529.98%-12.3%
201434.18%34.81%
201325.35%-15.14%
201229.88%-13.73%
201134.63%-3.53%
201035.90%18.83%
200930.21%-7.16%
200832.54%-3%
200733.55%5.49%
200631.80%-21.76%
200540.65%-1.3%
200441.18%26.86%
200332.46%58.26%
200220.51%16.16%
200117.66%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
34.10% 15.67%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
28.86%-2.10%๐Ÿ‡ง๐Ÿ‡ท Brazil
56.62% 92.06%๐Ÿ‡จ๐Ÿ‡ฑ Chile
72.10% 144.57%๐Ÿ‡ต๐Ÿ‡ฆ Panama
29.47%-0.03%๐Ÿ‡จ๐Ÿ‡ฆ Canada
39.51% 34.02%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
40.17% 36.26%๐Ÿ‡ช๐Ÿ‡ธ Spain
29.25%-0.78%๐Ÿ‡ช๐Ÿ‡ธ Spain
41.16% 39.62%๐Ÿ‡จ๐Ÿ‡ฑ Chile

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.