According to TowneBank 's latest financial reports and stock price the company's current Operating Margin is 25.77%. At the end of 2023 the company had an Operating Margin of 26.79%.
Year | Operating Margin | Change |
---|---|---|
2023 | 26.79% | -22.43% |
2022 | 34.54% | -16.2% |
2021 | 41.21% | 35.56% |
2020 | 30.40% | -2.86% |
2019 | 31.30% | -3.2% |
2018 | 32.33% | -1.78% |
2017 | 32.92% | 21.73% |
2016 | 27.04% | -13.16% |
2015 | 31.14% | 19.43% |
2014 | 26.07% | -0.67% |
2013 | 26.25% | 11.69% |
2012 | 23.50% | 5.05% |
2011 | 22.37% | -3.05% |
2010 | 23.07% | -2% |
2009 | 23.55% | -5.72% |
2008 | 24.97% | -10.37% |
2007 | 27.86% | -4.21% |
2006 | 29.09% | 3.15% |
2005 | 28.20% | 2.7% |
2004 | 27.46% | 12.49% |
2003 | 24.41% | 8.34% |
2002 | 22.53% | -28.15% |
2001 | 31.35% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 39.23% | 52.23% | ๐บ๐ธ USA |
![]() | 16.05% | -37.72% | ๐บ๐ธ USA |
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.