Industrial Bank of Korea (IBK)
024110.KS
#1944
Rank
โ‚น704.33 B
Marketcap
โ‚น883.27
Share price
1.44%
Change (1 day)
23.32%
Change (1 year)

Operating Margin for Industrial Bank of Korea (IBK) (024110.KS)

Operating Margin as of September 2024 (TTM): 32.88%

According to Industrial Bank of Korea (IBK)'s latest financial reports and stock price the company's current Operating Margin is 32.88%. 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 2024

Operating Margin at the end of each year

Year Operating Margin Change
202240.71%-2.87%
202141.91%45.64%
202028.78%-8.39%
201931.41%-27.75%
201843.48%9%
201739.89%16.56%
201634.23%-0.1%
201534.26%3.23%
201433.19%10.73%
201329.98%-20.47%
201237.69%-18.9%
201146.47%6.09%
201043.80%34.1%
200932.67%-13.82%
200837.90%-22.85%
200749.13%

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.