According to Banco del Bajรญo's latest financial reports and stock price the company's current Operating Margin is 55.39%. At the end of 2021 the company had an Operating Margin of 41.02%.
Year | Operating Margin | Change |
---|---|---|
2021 | 41.02% | 26.9% |
2020 | 32.33% | -37.37% |
2019 | 51.62% | 2.81% |
2018 | 50.20% | 12.85% |
2017 | 44.49% | 25.88% |
2016 | 35.34% | 12.24% |
2015 | 31.49% | 0.71% |
2014 | 31.27% | 36.99% |
2013 | 22.82% | 10.45% |
2012 | 20.67% | -4.2% |
2011 | 21.57% | -17.09% |
2010 | 26.02% |
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.