Nordea Bank
NDA-FI.HE
$11.91
Share price
0.86%
Change (1 day)
3.48%
Change (1 year)
Categories
Nordea is a 200 year old Finnish financial service and banking company. In 2019, Nordea offered its services to a customer base of close to 10 million customers.
Operating Margin for Nordea Bank (NDA-FI.HE)
Operating Margin as of April 2024 (TTM): 54.21%
According to Nordea Bank's latest financial reports and stock price the company's current Operating Margin is 54.21%. At the end of 2022 the company had an Operating Margin of 48.89%.
Operating Margin history for Nordea Bank from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 48.89% | -4.17% |
| 2021 | 51.02% | 46.24% |
| 2020 | 34.89% | 39.32% |
| 2019 | 25.04% | -46.24% |
| 2018 | 46.58% | 9.86% |
| 2017 | 42.40% | -10.12% |
| 2016 | 47.17% | -2.43% |
| 2015 | 48.35% | 9.74% |
| 2014 | 44.06% | 4.82% |
| 2013 | 42.03% | 3.38% |
| 2012 | 40.66% | 8.29% |
| 2011 | 37.55% | -4.76% |
| 2010 | 39.42% | 15.64% |
| 2009 | 34.09% | -18.75% |
| 2008 | 41.96% | -16.9% |
| 2007 | 50.49% | -6.92% |
| 2006 | 54.24% | 17.2% |
| 2005 | 46.28% | 8.79% |
| 2004 | 42.54% | 44.61% |
| 2003 | 29.42% | 8.58% |
| 2002 | 27.09% |
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.