Horizon Bancorp
HBNC
#5969
Rank
ยฃ0.55 B
Marketcap
ยฃ12.63
Share price
2.98%
Change (1 day)
47.76%
Change (1 year)

Operating Margin for Horizon Bancorp (HBNC)

Operating Margin as of September 2024 (TTM): 16.55%

According to Horizon Bancorp's latest financial reports and stock price the company's current Operating Margin is 16.55%. At the end of 2023 the company had an Operating Margin of 21.34%.

Operating Margin history for Horizon Bancorp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202321.34%-51.18%
202243.71%-2.61%
202144.88%25.95%
202035.63%-12.87%
201940.90%4.65%
201839.08%14.31%
201734.19%21.09%
201628.23%-0.62%
201528.41%-1.04%
201428.71%-11.9%
201332.59%-5.39%
201234.44%30.56%
201126.38%26.65%
201020.83%16.37%
200917.90%-15.44%
200821.17%-12.19%
200724.11%-2.65%
200624.76%0.39%
200524.67%-5.58%
200426.13%0.55%
200325.98%3.64%
200225.07%9.46%
200122.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
48.01% 190.09%๐Ÿ‡บ๐Ÿ‡ธ USA
29.88% 80.54%๐Ÿ‡บ๐Ÿ‡ธ USA
43.77% 164.47%๐Ÿ‡บ๐Ÿ‡ธ USA
36.61% 121.21%๐Ÿ‡บ๐Ÿ‡ธ USA
47.48% 186.89%๐Ÿ‡บ๐Ÿ‡ธ USA
33.42% 101.93%๐Ÿ‡บ๐Ÿ‡ธ 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.