Summit Financial Group
SMMF
#7070
Rank
โ‚น31.84 B
Marketcap
โ‚น2,168
Share price
0.00%
Change (1 day)
25.12%
Change (1 year)

Operating Margin for Summit Financial Group (SMMF)

Operating Margin as of November 2024 (TTM): 47.09%

According to Summit Financial Group's latest financial reports and stock price the company's current Operating Margin is 47.09%. At the end of 2021 the company had an Operating Margin of 45.03%.

Operating Margin history for Summit Financial Group from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202145.03%31.7%
202034.19%-18.4%
201941.90%2.37%
201840.93%53.13%
201726.73%-35.01%
201641.13%3.57%
201539.71%30.73%
201430.38%39.79%
201321.73%63.09%
201213.33%25.3%
201110.63%-204.32%
2010-10.19%93.58%
2009-5.27%-242.07%
20083.71%-91.07%
200741.51%2.01%
200640.69%52.23%
200526.73%-3.16%
200427.60%-30.47%
200339.70%-5.26%
200241.91%4.67%
200140.04%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
26.64%-43.43%๐Ÿ‡บ๐Ÿ‡ธ USA
51.88% 10.17%๐Ÿ‡บ๐Ÿ‡ธ USA
39.23%-16.69%๐Ÿ‡บ๐Ÿ‡ธ USA
30.50%-35.23%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
27.47%-41.66%๐Ÿ‡บ๐Ÿ‡ธ USA
35.91%-23.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.83%-101.76%๐Ÿ‡บ๐Ÿ‡ธ USA
34.44%-26.86%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.