IDFC FIRST Bank
IDFCFIRSTB.NS
$0.97
Share price
-0.80%
Change (1 day)
24.36%
Change (1 year)
Categories
Operating Margin for IDFC FIRST Bank (IDFCFIRSTB.NS)
Operating Margin as of May 2024 (TTM): 19.38%
According to IDFC FIRST Bank 's latest financial reports and stock price the company's current Operating Margin is 19.38%. At the end of 2023 the company had an Operating Margin of 19.48%.
Operating Margin history for IDFC FIRST Bank from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 19.48% | 1380.21% |
| 2022 | 1.32% | -73.53% |
| 2021 | 4.97% | -114.16% |
| 2020 | -35.10% | -40.38% |
| 2019 | -58.87% | -318.44% |
| 2018 | 26.95% | -21.24% |
| 2017 | 34.22% | -8.63% |
| 2016 | 37.45% |
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.