Industrial Bank of Korea (IBK)
024110.KS
$10.08
Share price
0.44%
Change (1 day)
34.40%
Change (1 year)
Categories
Operating Margin for Industrial Bank of Korea (IBK) (024110.KS)
Operating Margin as of May 2024 (TTM): 38.92%
According to Industrial Bank of Korea (IBK)'s latest financial reports and stock price the company's current Operating Margin is 38.92%. At the end of 2022 the company had an Operating Margin of 40.71%.
Operating Margin history for Industrial Bank of Korea (IBK) from 2008 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 40.71% | -2.87% |
| 2021 | 41.91% | 45.55% |
| 2020 | 28.80% | -8.33% |
| 2019 | 31.41% | -27.75% |
| 2018 | 43.48% | 9% |
| 2017 | 39.89% | 16.56% |
| 2016 | 34.23% | -0.1% |
| 2015 | 34.26% | 3.23% |
| 2014 | 33.19% | 10.73% |
| 2013 | 29.98% | -19.52% |
| 2012 | 37.25% | -19.85% |
| 2011 | 46.47% | 6.09% |
| 2010 | 43.80% | 34.1% |
| 2009 | 32.67% | -13.82% |
| 2008 | 37.90% | -22.85% |
| 2007 | 49.13% |
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.