OceanFirst Financial
OCFC
$15.62
Share price
1.10%
Change (1 day)
14.26%
Change (1 year)
Categories
Operating Margin for OceanFirst Financial (OCFC)
Operating Margin as of May 2024 (TTM): 44.80%
According to OceanFirst Financial's latest financial reports and stock price the company's current Operating Margin is 44.80%. At the end of 2022 the company had an Operating Margin of 44.93%.
Operating Margin history for OceanFirst Financial from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 44.93% | 11.22% |
| 2021 | 40.40% | 83.03% |
| 2020 | 22.07% | -39.93% |
| 2019 | 36.74% | 16.51% |
| 2018 | 31.54% | -6.96% |
| 2017 | 33.89% | 33.2% |
| 2016 | 25.45% | -25.53% |
| 2015 | 34.17% | -0.87% |
| 2014 | 34.47% | 11.67% |
| 2013 | 30.86% | -9.96% |
| 2012 | 34.28% | -1.28% |
| 2011 | 34.72% | 4.27% |
| 2010 | 33.30% | 8.8% |
| 2009 | 30.61% | 0.28% |
| 2008 | 30.52% | 1710.3% |
| 2007 | 1.69% | -93.7% |
| 2006 | 26.76% | -23.73% |
| 2005 | 35.09% | -2.77% |
| 2004 | 36.09% | -10.63% |
| 2003 | 40.38% | -3.17% |
| 2002 | 41.70% | -3.34% |
| 2001 | 43.14% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northfield Bancorp NFBK | 49.19% | 9.80% | 🇺🇸 USA |
 Kearny Financial
KRNY | 27.93% | -37.66% | 🇺🇸 USA |
 Provident Financial Services PFS | 45.26% | 1.03% | 🇺🇸 USA |
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.