Lakeland Financial Corp
LKFN
$60.66
Share price
3.22%
Change (1 day)
21.71%
Change (1 year)
Categories
Operating Margin for Lakeland Financial Corp (LKFN)
Operating Margin as of May 2024 (TTM): 52.57%
According to Lakeland Financial Corp's latest financial reports and stock price the company's current Operating Margin is 52.57%. At the end of 2021 the company had an Operating Margin of 55.89%.
Operating Margin history for Lakeland Financial Corp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 55.89% | 6.53% |
| 2020 | 52.47% | -7.35% |
| 2019 | 56.63% | 3.99% |
| 2018 | 54.46% | -0.57% |
| 2017 | 54.77% | 1.56% |
| 2016 | 53.92% | 1.16% |
| 2015 | 53.31% | 1.62% |
| 2014 | 52.45% | 3.78% |
| 2013 | 50.54% | 4.29% |
| 2012 | 48.46% | 22.05% |
| 2011 | 39.71% | 24.96% |
| 2010 | 31.78% | 17.24% |
| 2009 | 27.10% | -18.81% |
| 2008 | 33.38% | -10.26% |
| 2007 | 37.20% | -7% |
| 2006 | 40.00% | -0.91% |
| 2005 | 40.36% | 10.36% |
| 2004 | 36.58% | 7.16% |
| 2003 | 34.13% | 2.32% |
| 2002 | 33.36% | 14.32% |
| 2001 | 29.18% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 43.10% | -18.01% | 🇺🇸 USA |
 German American Bancorp GABC | 44.01% | -16.28% | 🇺🇸 USA |
 First Merchants Corporation
FRME | 41.13% | -21.76% | 🇺🇸 USA |
 First Financial THFF | 37.67% | -28.34% | 🇺🇸 USA |
 1st Source
SRCE | 44.40% | -15.54% | 🇺🇸 USA |
 Horizon Bancorp HBNC | 41.85% | -20.39% | 🇺🇸 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.