According to Northrim BanCorp's latest financial reports and stock price the company's current Operating Margin is 30.27%. At the end of 2024 the company had an Operating Margin of 30.27%.
Year | Operating Margin | Change |
---|---|---|
2024 | 30.27% | 24.16% |
2023 | 24.38% | -18.17% |
2022 | 29.80% | -17.37% |
2021 | 36.06% | 13.83% |
2020 | 31.68% | 23.43% |
2019 | 25.67% | -0.45% |
2018 | 25.78% | 1.52% |
2017 | 25.40% | 20.24% |
2016 | 21.12% | -20.93% |
2015 | 26.71% | -29.8% |
2014 | 38.05% | 12% |
2013 | 33.98% | -5.91% |
2012 | 36.11% | 15.91% |
2011 | 31.15% | 27.02% |
2010 | 24.53% | 26.75% |
2009 | 19.35% | 14.63% |
2008 | 16.88% | -46.78% |
2007 | 31.72% | -84.53% |
2006 | 204.97% | 452.14% |
2005 | 37.12% | -1.17% |
2004 | 37.56% | -0.14% |
2003 | 37.62% | 9.36% |
2002 | 34.40% | 10.46% |
2001 | 31.14% |
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.