Itaรบ Unibanco
ITUB
#304
Rank
$60.87 B
Marketcap
$6.21
Share price
-0.64%
Change (1 day)
24.20%
Change (1 year)

Operating Margin for Itaรบ Unibanco (ITUB)

Operating Margin as of April 2024 (TTM): 26.31%

According to Itaรบ Unibanco 's latest financial reports and stock price the company's current Operating Margin is 26.31%. At the end of 2022 the company had an Operating Margin of 27.08%.

Operating Margin history for Itaรบ Unibanco from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202227.08%-21.88%
202134.66%527.52%
20205.52%-80.18%
201927.87%-5.14%
201829.37%-3.64%
201730.49%-8.85%
201633.44%59.89%
201520.92%-36.93%
201433.16%21.07%
201327.39%20.09%
201222.81%-7.17%
201124.57%15.5%
201021.28%-32.29%
200931.42%223.08%
20089.73%-68.1%
200730.49%15.03%
200626.50%-12.45%
200530.27%-3.77%
200431.46%23.93%
200325.39%47.23%
200217.24%5.18%
200116.39%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
36.06% 37.06%๐Ÿ‡จ๐Ÿ‡ฆ Canada
40.01% 52.07%๐Ÿ‡บ๐Ÿ‡ธ USA
23.30%-11.44%๐Ÿ‡บ๐Ÿ‡ธ USA
27.96% 6.27%๐Ÿ‡ช๐Ÿ‡ธ Spain
36.29% 37.93%๐Ÿ‡จ๐Ÿ‡ฆ Canada
38.66% 46.94%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
31.45% 19.54%๐Ÿ‡จ๐Ÿ‡ด Colombia

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.