Asia Commercial Joint Stock Bank
ACB.VN
#2925
Rank
NZ$7.27 B
Marketcap
$1.63
Share price
0.61%
Change (1 day)
19.24%
Change (1 year)

Operating Margin for Asia Commercial Joint Stock Bank (ACB.VN)

Operating Margin as of September 2024 (TTM): 62.17%

According to Asia Commercial Joint Stock Bank's latest financial reports and stock price the company's current Operating Margin is 62.17%. At the end of 2023 the company had an Operating Margin of 62.62%.

Operating Margin history for Asia Commercial Joint Stock Bank from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202362.62%2.54%
202261.07%19.15%
202151.26%-3.99%
202053.39%4.42%
201951.13%-1.01%
201851.65%110%
201724.59%26.78%
201619.40%4.89%
201518.49%-8.42%
201420.19%10.37%
201318.30%2.44%
201217.86%-66.64%
201153.53%-3.08%
201055.23%-3.96%
200957.51%

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.