According to VakıfBank's latest financial reports and stock price the company's current Operating Margin is 42.76%. At the end of 2024 the company had an Operating Margin of 46.40%.
Year | Operating Margin | Change |
---|---|---|
2024 | 46.40% | 51.1% |
2023 | 30.71% | -29.86% |
2022 | 43.78% | 39.7% |
2021 | 31.34% | -9.72% |
2020 | 34.71% | 34.12% |
2019 | 25.88% | -25.21% |
2018 | 34.60% | -18.33% |
2017 | 42.37% | 12.05% |
2016 | 37.82% | 15.45% |
2015 | 32.76% | -9.59% |
2014 | 36.23% | 9.43% |
2013 | 33.11% | 0.87% |
2012 | 32.82% | -18.23% |
2011 | 40.14% | 32.15% |
2010 | 30.38% | -10.21% |
2009 | 33.83% | -1.32% |
2008 | 34.28% | -15.38% |
2007 | 40.52% | -11.86% |
2006 | 45.97% |
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.