Bank of India
BANKINDIA.NS
#2540
Rank
โ‚น469.06 B
Marketcap
โ‚น103.03
Share price
-3.30%
Change (1 day)
-6.11%
Change (1 year)

Operating Margin for Bank of India (BANKINDIA.NS)

Operating Margin as of December 2024 (TTM): 32.18%

According to Bank of India 's latest financial reports and stock price the company's current Operating Margin is 32.18%. At the end of 2023 the company had an Operating Margin of 23.14%.

Operating Margin history for Bank of India from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202323.14%-10.62%
202225.88%144.13%
202110.60%-150.62%
2020-20.94%-58.66%
2019-50.66%-11.57%
2018-57.28%363.19%
2017-12.37%-76.55%
2016-52.73%-493.17%
201513.41%-46.66%
201425.15%-54.25%
201354.96%70.07%
201232.32%

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.