Itaú Unibanco
ITUB
#323
Rank
$59.34 B
Marketcap
$6.06
Share price
0.50%
Change (1 day)
0.17%
Change (1 year)

Operating Margin for Itaú Unibanco (ITUB)

Operating Margin as of July 2024 (TTM): 28.29%

According to Itaú Unibanco 's latest financial reports and stock price the company's current Operating Margin is 28.29%. At the end of 2022 the company had an Operating Margin of 25.84%.

Operating Margin history for Itaú Unibanco from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202225.84%-21.94%
202133.10%533%
20205.23%-81.24%
201927.87%-9.09%
201830.65%5.84%
201728.96%-7.23%
201631.22%49.25%
201520.92%-36.93%
201433.16%21.07%
201327.39%20.09%
201222.81%-10.86%
201125.59%-5.66%
201027.12%-6.2%
200928.92%197.33%
20089.73%-68.73%
200731.10%17.73%
200626.42%-12.21%
200530.09%-5.24%
200431.75%20.8%
200326.29%52.46%
200217.24%5.18%
200116.39%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.91% 2.19%🇪🇸 Spain
35.22% 24.50%🇧🇲 Bermuda
32.60% 15.24%🇨🇦 Canada
14.24%-49.66%🇺🇸 USA
39.62% 40.05%🇺🇸 USA
29.32% 3.64%🇨🇴 Colombia
29.47% 4.17%🇨🇦 Canada

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.