Northrim BanCorp
NRIM
#6536
Rank
$0.31 B
Marketcap
$56.37
Share price
1.04%
Change (1 day)
37.42%
Change (1 year)

Operating Margin for Northrim BanCorp (NRIM)

Operating Margin as of June 2024 (TTM): 27.43%

According to Northrim BanCorp's latest financial reports and stock price the company's current Operating Margin is 27.43%. At the end of 2021 the company had an Operating Margin of 36.06%.

Operating Margin history for Northrim BanCorp from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202136.06%13.83%
202031.68%23.43%
201925.67%-0.45%
201825.78%1.52%
201725.40%20.24%
201621.12%-21.64%
201526.95%-26.31%
201436.58%13.56%
201332.21%-10.79%
201236.11%17.31%
201130.78%26.94%
201024.25%26.31%
200919.20%19.33%
200816.09%-49.27%
200731.72%-16.47%
200637.97%2.28%
200537.12%-1.17%
200437.56%-0.14%
200337.62%9.36%
200234.40%10.46%
200131.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
27.21%-0.80%๐Ÿ‡บ๐Ÿ‡ธ USA
23.13%-15.68%๐Ÿ‡บ๐Ÿ‡ธ USA
35.49% 29.38%๐Ÿ‡บ๐Ÿ‡ธ USA
51.32% 87.09%๐Ÿ‡บ๐Ÿ‡ธ USA
48.96% 78.49%๐Ÿ‡บ๐Ÿ‡ธ USA
60.62% 121.00%๐Ÿ‡บ๐Ÿ‡ธ USA
57.57% 109.88%๐Ÿ‡บ๐Ÿ‡ธ USA
51.13% 86.40%๐Ÿ‡บ๐Ÿ‡ธ USA
60.43% 120.31%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.