The Saudi National Bank
1180.SR
#346
Rank
ยฃ42.51 B
Marketcap
ยฃ7.15
Share price
1.88%
Change (1 day)
-1.24%
Change (1 year)

Operating Margin for The Saudi National Bank (1180.SR)

Operating Margin as of September 2024 (TTM): 61.68%

According to The Saudi National Bank's latest financial reports and stock price the company's current Operating Margin is 61.68%. At the end of 2023 the company had an Operating Margin of 63.45%.

Operating Margin history for The Saudi National Bank from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202363.45%1.61%
202262.45%27.09%
202149.14%-16.64%
202058.95%-5.21%
201962.18%11%
201856.02%5.4%
201753.15%6.54%
201649.89%-3.19%
201551.53%-3.97%
201453.66%-0.48%
201353.92%

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.