Totens Sparebank
TOTG.OL
#8089
Rank
NZ$0.24 B
Marketcap
$40.54
Share price
1.57%
Change (1 day)
31.96%
Change (1 year)

Operating Margin for Totens Sparebank (TOTG.OL)

Operating Margin as of September 2024 (TTM): 59.23%

According to Totens Sparebank's latest financial reports and stock price the company's current Operating Margin is 59.23%. At the end of 2023 the company had an Operating Margin of 59.48%.

Operating Margin history for Totens Sparebank from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202359.48%-0.15%
202259.57%4.25%
202157.15%9.06%
202052.40%-9.54%
201957.92%-0.78%
201858.37%0.26%
201758.22%21.84%
201647.78%10.82%
201543.12%-17.44%
201452.23%43.89%
201336.30%-2.73%
201237.32%67.07%
201122.34%-49.59%
201044.31%3.88%
200942.66%158.51%
200816.50%-54.68%
200736.41%

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.