Hanover Bancorp
HNVR
£15.10
Share price
-12.14%
Change (1 day)
31.71%
Change (1 year)
Categories
Operating Margin for Hanover Bancorp (HNVR)
Operating Margin as of April 2025 (TTM): 23.93%
According to Hanover Bancorp's latest financial reports and stock price the company's current Operating Margin is 23.93%. At the end of 2024 the company had an Operating Margin of 23.94%.
Operating Margin history for Hanover Bancorp from 2020 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 23.94% | -24.9% |
| 2023 | 31.87% | -26.71% |
| 2022 | 43.49% | 39.44% |
| 2021 | 31.19% | 42.97% |
| 2020 | 21.81% |
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.