NBT Bancorp
NBTB
#3974
Rank
$2.34 B
Marketcap
$49.84
Share price
0.93%
Change (1 day)
33.33%
Change (1 year)

Operating Margin for NBT Bancorp (NBTB)

Operating Margin as of July 2024 (TTM): 28.83%

According to NBT Bancorp's latest financial reports and stock price the company's current Operating Margin is 28.83%. At the end of 2022 the company had an Operating Margin of 38.08%.

Operating Margin history for NBT Bancorp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202238.08%-9.31%
202141.99%44.71%
202029.02%-15.73%
201934.43%7.11%
201832.15%0.34%
201732.04%1.59%
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
30.40% 5.45%๐Ÿ‡บ๐Ÿ‡ธ USA
65.10% 125.81%๐Ÿ‡บ๐Ÿ‡ธ USA
24.06%-16.55%๐Ÿ‡บ๐Ÿ‡ธ USA
27.18%-5.72%๐Ÿ‡บ๐Ÿ‡ธ USA
17.33%-39.89%๐Ÿ‡บ๐Ÿ‡ธ USA
4.17%-85.54%๐Ÿ‡บ๐Ÿ‡ธ USA
33.89% 17.55%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.