Bien Sparebank
BIEN.OL
#8939
Rank
ยฃ37.51 M
Marketcap
ยฃ6.60
Share price
-1.06%
Change (1 day)
-0.36%
Change (1 year)

Operating Margin for Bien Sparebank (BIEN.OL)

Operating Margin as of September 2024 (TTM): 48.40%

According to Bien Sparebank's latest financial reports and stock price the company's current Operating Margin is 48.40%. At the end of 2022 the company had an Operating Margin of 42.95%.

Operating Margin history for Bien Sparebank from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202242.95%21.11%
202135.46%9.57%
202032.37%-33.89%
201948.96%

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.