OFG Bancorp
OFG
#4208
Rank
โ‚น177.14 B
Marketcap
โ‚น3,805
Share price
1.66%
Change (1 day)
57.76%
Change (1 year)

Operating Margin for OFG Bancorp (OFG)

Operating Margin as of September 2024 (TTM): 41.53%

According to OFG Bancorp 's latest financial reports and stock price the company's current Operating Margin is 41.53%. At the end of 2022 the company had an Operating Margin of 39.77%.

Operating Margin history for OFG Bancorp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202239.77%0.18%
202139.70%99.4%
202019.91%3.34%
201919.27%-44.52%
201834.72%88.81%
201718.39%-25.36%
201624.64%-527.88%
2015-5.76%-120.03%
201428.75%36.54%
201321.06%51.19%
201213.93%-24.58%
201118.47%425.37%
20103.52%-75.73%
200914.48%-17.86%
200817.63%-52.14%
200736.84%-435.58%
2006-10.98%-124.23%
200545.31%-12.78%
200451.95%6%
200349.01%12.92%
200243.40%187.38%
200115.10%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
32.17%-22.54%๐Ÿ‡บ๐Ÿ‡ธ USA
26.18%-36.96%๐Ÿ‡บ๐Ÿ‡ธ USA
24.52%-40.96%๐Ÿ‡บ๐Ÿ‡ธ USA
28.50%-31.37%๐Ÿ‡บ๐Ÿ‡ธ USA
30.97%-25.43%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.