NBT Bancorp
NBTB
#4412
Rank
$1.61 B
Marketcap
$34.39
Share price
0.26%
Change (1 day)
-15.44%
Change (1 year)

Operating Margin for NBT Bancorp (NBTB)

Operating Margin as of February 2024 (TTM): 36.50%

According to NBT Bancorp's latest financial reports and stock price the company's current Operating Margin is 36.50%. At the end of 2021 the company had an Operating Margin of 41.99%.

Operating Margin history for NBT Bancorp from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202141.99%44.71%
202029.02%-15.73%
201934.43%7.11%
201832.15%0.14%
201732.10%1.79%
201631.54%-1.49%
201532.02%1.28%
201431.61%19.03%
201326.56%-0.82%
201226.78%-5.11%
201128.22%3.2%
201027.34%4.12%
200926.26%-19.18%
200832.50%1.26%
200732.09%-14.88%
200637.70%-0.32%
200537.82%0.55%
200437.61%-0.06%
200337.64%0.98%
200237.27%1311.66%
20012.64%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
27.21%-25.45%๐Ÿ‡บ๐Ÿ‡ธ USA
65.10% 78.36%๐Ÿ‡บ๐Ÿ‡ธ USA
31.38%-14.03%๐Ÿ‡บ๐Ÿ‡ธ USA
30.43%-16.63%๐Ÿ‡บ๐Ÿ‡ธ USA
42.15% 15.48%๐Ÿ‡บ๐Ÿ‡ธ USA
34.19%-6.33%๐Ÿ‡บ๐Ÿ‡ธ USA
33.31%-8.74%๐Ÿ‡บ๐Ÿ‡ธ 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.