Hanover Bancorp
HNVR
#8318
Rank
NZ$0.30 B
Marketcap
$41.94
Share price
-6.79%
Change (1 day)
51.75%
Change (1 year)

Operating Margin for Hanover Bancorp (HNVR)

Operating Margin as of December 2024 (TTM): 24.45%

According to Hanover Bancorp's latest financial reports and stock price the company's current Operating Margin is 24.45%. At the end of 2023 the company had an Operating Margin of 31.87%.

Operating Margin history for Hanover Bancorp from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202331.87%-26.71%
202243.49%39.44%
202131.19%42.97%
202021.81%

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.