Independent Bank Group
IBTX
#4363
Rank
$1.66 B
Marketcap
$40.33
Share price
-0.54%
Change (1 day)
-5.82%
Change (1 year)

Operating Margin for Independent Bank Group (IBTX)

Operating Margin as of April 2024 (TTM): 22.16%

According to Independent Bank Group's latest financial reports and stock price the company's current Operating Margin is 22.16%. At the end of 2021 the company had an Operating Margin of 48.07%.

Operating Margin history for Independent Bank Group from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202148.07%14.49%
202041.98%-1.01%
201942.41%-2.36%
201843.44%8.47%
201740.05%1.64%
201639.40%16.29%
201533.88%6.35%
201431.86%11.97%
201328.45%11.38%
201225.54%0.63%
201125.39%-15.75%
201030.13%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
47.39% 113.85%๐Ÿ‡บ๐Ÿ‡ธ USA
53.34% 140.70%๐Ÿ‡บ๐Ÿ‡ธ USA
55.78% 151.71%๐Ÿ‡บ๐Ÿ‡ธ USA
61.85% 179.11%๐Ÿ‡บ๐Ÿ‡ธ USA
42.08% 89.89%๐Ÿ‡บ๐Ÿ‡ธ 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.