Indian Overseas Bank
IOB.NS
$0.82
Share price
2.32%
Change (1 day)
156.25%
Change (1 year)
Categories
Operating Margin for Indian Overseas Bank (IOB.NS)
Operating Margin as of April 2024 (TTM): 19.50%
According to Indian Overseas Bank 's latest financial reports and stock price the company's current Operating Margin is 19.50%. At the end of 2023 the company had an Operating Margin of 19.01%.
Operating Margin history for Indian Overseas Bank from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 19.01% | 24.81% |
| 2022 | 15.23% | 110.82% |
| 2021 | 7.23% | -107.07% |
| 2020 | -102.14% | 49.34% |
| 2019 | -68.40% | 0.02% |
| 2018 | -68.38% | 73.18% |
| 2017 | -39.49% | 7.8% |
| 2016 | -36.63% | 506.41% |
| 2015 | -6.04% | -177.74% |
| 2014 | 7.77% | -1.05% |
| 2013 | 7.85% | -49.94% |
| 2012 | 15.69% | -20.56% |
| 2011 | 19.74% | 20.4% |
| 2010 | 16.40% |
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.