According to Hvidbjerg Bank's latest financial reports and stock price the company's current Operating Margin is 34.66%. At the end of 2023 the company had an Operating Margin of 33.98%.
Year | Operating Margin | Change |
---|---|---|
2023 | 33.98% | 15.59% |
2022 | 29.40% | -8.89% |
2021 | 32.26% | 42.08% |
2020 | 22.71% | -36.29% |
2019 | 35.64% | 31.18% |
2018 | 27.17% | 7.85% |
2017 | 25.19% | 16.42% |
2016 | 21.64% | 3.06% |
2015 | 21.00% | 29.78% |
2014 | 16.18% | -238.89% |
2013 | -11.65% | -30.93% |
2012 | -16.87% | 2.57% |
2011 | -16.44% | -17.05% |
2010 | -19.82% | -775.38% |
2009 | 2.93% | |
2007 | 14.10% |
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.