According to Lake Shore Bancorp's latest financial reports and stock price the company's current Operating Margin is 24.07%. At the end of 2024 the company had an Operating Margin of 24.07%.
Year | Operating Margin | Change |
---|---|---|
2024 | 24.07% | 4.49% |
2023 | 23.04% | -9.31% |
2022 | 25.40% | -14.42% |
2021 | 29.68% | 26.44% |
2020 | 23.48% | 6.75% |
2019 | 21.99% | -2.11% |
2018 | 22.47% | -4.32% |
2017 | 23.48% | 5.6% |
2016 | 22.23% | -3.82% |
2015 | 23.12% | 4.05% |
2014 | 22.22% | -19.12% |
2013 | 27.47% | 1.76% |
2012 | 27.00% | -10.63% |
2011 | 30.21% | 50.89% |
2010 | 20.02% | -1.41% |
2009 | 20.30% | 53.95% |
2008 | 13.19% | -33.18% |
2007 | 19.74% | -16.61% |
2006 | 23.67% | -10.45% |
2005 | 26.43% | -81.62% |
2004 | 143.84% | 32.46% |
2003 | 108.59% | -34.41% |
2002 | 165.55% | 15.26% |
2001 | 143.64% |
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.