Horizon Bancorp
HBNC
$11.66
Share price
-1.60%
Change (1 day)
13.53%
Change (1 year)
Categories
Operating Margin for Horizon Bancorp (HBNC)
Operating Margin as of April 2024 (TTM): 41.85%
According to Horizon Bancorp's latest financial reports and stock price the company's current Operating Margin is 41.85%. At the end of 2021 the company had an Operating Margin of 44.88%.
Operating Margin history for Horizon Bancorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 44.88% | 25.95% |
| 2020 | 35.63% | -12.87% |
| 2019 | 40.90% | 4.65% |
| 2018 | 39.08% | 14.31% |
| 2017 | 34.19% | 23.72% |
| 2016 | 27.63% | -0.77% |
| 2015 | 27.85% | -3% |
| 2014 | 28.71% | -11.9% |
| 2013 | 32.59% | -5.39% |
| 2012 | 34.44% | 38.75% |
| 2011 | 24.82% | 25.12% |
| 2010 | 19.84% | 10.84% |
| 2009 | 17.90% | -15.44% |
| 2008 | 21.17% | -12.19% |
| 2007 | 24.11% | -2.65% |
| 2006 | 24.76% | 0.39% |
| 2005 | 24.67% | -5.58% |
| 2004 | 26.13% | 0.55% |
| 2003 | 25.98% | 3.64% |
| 2002 | 25.07% | 9.46% |
| 2001 | 22.90% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 43.10% | 2.99% | 🇺🇸 USA |
 Lakeland Financial Corp LKFN | 52.57% | 25.62% | 🇺🇸 USA |
 German American Bancorp GABC | 44.01% | 5.16% | 🇺🇸 USA |
 First Merchants Corporation
FRME | 41.13% | -1.72% | 🇺🇸 USA |
 First Financial THFF | 37.67% | -9.99% | 🇺🇸 USA |
 1st Source
SRCE | 44.40% | 6.09% | 🇺🇸 USA |
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.