VPBank (Vietnam Prosperity Joint Stock Commercial Bank)
VPB.VN
#2446
Rank
โ‚น512.73 B
Marketcap
โ‚น64.63
Share price
1.07%
Change (1 day)
-13.63%
Change (1 year)

Operating Margin for VPBank (Vietnam Prosperity Joint Stock Commercial Bank) (VPB.VN)

Operating Margin as of September 2024 (TTM): 25.53%

According to VPBank (Vietnam Prosperity Joint Stock Commercial Bank)'s latest financial reports and stock price the company's current Operating Margin is 25.53%. At the end of 2023 the company had an Operating Margin of 21.56%.

Operating Margin history for VPBank (Vietnam Prosperity Joint Stock Commercial Bank) from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202321.56%-40.91%
202236.49%15.83%
202131.50%-4.71%
202033.06%13.86%
201929.03%-1.01%
201829.33%-11.46%
201733.12%

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.