Laurentian Bank of Canada
LB.TO
$19.27
Share price
0.92%
Change (1 day)
-19.71%
Change (1 year)
Categories
Operating Margin for Laurentian Bank of Canada (LB.TO)
Operating Margin as of May 2024 (TTM): 25.69%
According to Laurentian Bank of Canada's latest financial reports and stock price the company's current Operating Margin is 25.69%. At the end of 2022 the company had an Operating Margin of 26.66%.
Operating Margin history for Laurentian Bank of Canada from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 26.66% | 268.1% |
| 2021 | 7.24% | -43.78% |
| 2020 | 12.88% | -39.03% |
| 2019 | 21.13% | -24.32% |
| 2018 | 27.92% | 1.15% |
| 2017 | 27.60% | 24.31% |
| 2016 | 22.20% | 45.27% |
| 2015 | 15.29% | -28.27% |
| 2014 | 21.31% | 13.45% |
| 2013 | 18.78% | -20.87% |
| 2012 | 23.74% | 5.71% |
| 2011 | 22.46% | 0.23% |
| 2010 | 22.40% | 7.8% |
| 2009 | 20.78% | -3.65% |
| 2008 | 21.57% | 8.11% |
| 2007 | 19.95% | 18.98% |
| 2006 | 16.77% | 13.47% |
| 2005 | 14.78% | 21.88% |
| 2004 | 12.13% | -36.46% |
| 2003 | 19.08% | 76.86% |
| 2002 | 10.79% | -52% |
| 2001 | 22.48% |
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.