IDBI Bank
IDBI.NS
#1425
Rank
$11.75 B
Marketcap
$1.09
Share price
0.94%
Change (1 day)
62.69%
Change (1 year)

Operating Margin for IDBI Bank (IDBI.NS)

Operating Margin as of May 2024 (TTM): 34.96%

According to IDBI Bank 's latest financial reports and stock price the company's current Operating Margin is 34.96%. At the end of 2023 the company had an Operating Margin of 33.08%.

Operating Margin history for IDBI Bank from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202333.08%74.33%
202218.98%68.31%
202111.28%-109.52%
2020-118.48%-28.16%
2019-164.92%147.29%
2018-66.69%30.61%
2017-51.06%35.29%
2016-37.74%-488.66%
20159.71%-25.06%
201412.96%-42.58%
201322.57%-26.18%
201230.57%
200632.00%-15.35%
200537.80%

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.