SpareBank 1
SPOL.OL
#4460
Rank
โ‚น155.35 B
Marketcap
โ‚น1,143
Share price
-3.29%
Change (1 day)
17.14%
Change (1 year)

Operating Margin for SpareBank 1 (SPOL.OL)

Operating Margin as of November 2024 (TTM): 56.23%

According to SpareBank 1's latest financial reports and stock price the company's current Operating Margin is 56.23%. At the end of 2023 the company had an Operating Margin of 53.56%.

Operating Margin history for SpareBank 1 from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202353.56%-4.12%
202255.86%-8.01%
202160.72%19.12%
202050.98%-17.36%
201961.68%29.76%
201847.53%2.71%
201746.28%-10.54%
201651.74%1.07%
201551.19%-5.35%
201454.08%

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.