Glarner Kantonalbank
GLKBN.SW
#7114
Rank
HK$2.60 B
Marketcap
HK$193.11
Share price
-1.42%
Change (1 day)
-6.95%
Change (1 year)

Operating Margin for Glarner Kantonalbank (GLKBN.SW)

Operating Margin as of September 2024 (TTM): 31.16%

According to Glarner Kantonalbank's latest financial reports and stock price the company's current Operating Margin is 31.16%. At the end of 2023 the company had an Operating Margin of 31.17%.

Operating Margin history for Glarner Kantonalbank from 2014 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202331.17%-5.94%
202233.14%3.15%
202132.13%-10.8%
202036.02%-3.71%
201937.40%6.21%
201835.22%0.69%
201734.98%1.93%
201634.31%-5.79%
201536.42%17.45%
201431.01%20.14%
201325.81%8.63%
201223.76%13.86%
201120.87%-15.39%
201024.66%20.94%
200920.39%-123.45%
2008-86.98%

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.