Sparebanken Vest
SVEG.OL
#5053
Rank
NZ$2.09 B
Marketcap
$19.13
Share price
0.46%
Change (1 day)
17.16%
Change (1 year)

Operating Margin for Sparebanken Vest (SVEG.OL)

Operating Margin as of September 2024 (TTM): 75.35%

According to Sparebanken Vest's latest financial reports and stock price the company's current Operating Margin is 75.35%. At the end of 2022 the company had an Operating Margin of 71.35%.

Operating Margin history for Sparebanken Vest from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202271.35%-3.57%
202173.99%13.61%
202065.12%-2.74%
201966.96%11.5%
201860.06%2%
201758.88%-7.23%
201663.47%27.79%
201549.66%2.82%
201448.30%9.82%
201343.98%-11.89%
201249.92%48.4%
201133.64%-7.79%
201036.48%44.75%
200925.20%3.2%
200824.42%-49.07%
200747.95%0.74%
200647.60%-0.73%
200547.95%28.39%
200437.35%12.99%
200333.05%269.32%
20028.95%

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.