Ohio Valley Banc Corp
OVBC
#7810
Rank
$0.11 B
Marketcap
$23.20
Share price
1.40%
Change (1 day)
-5.03%
Change (1 year)

Operating Margin for Ohio Valley Banc Corp (OVBC)

Operating Margin as of July 2024 (TTM): 23.88%

According to Ohio Valley Banc Corp's latest financial reports and stock price the company's current Operating Margin is 23.88%. At the end of 2023 the company had an Operating Margin of 25.91%.

Operating Margin history for Ohio Valley Banc Corp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202325.91%-10.65%
202229.00%5.26%
202127.55%10.62%
202024.90%8.29%
201923.00%-14.7%
201826.96%15.01%
201723.44%18.18%
201619.84%-26.65%
201527.04%2.59%
201426.36%-2.44%
201327.02%13.25%
201223.86%24.12%
201119.22%13.8%
201016.89%-27.48%
200923.29%-12.82%
200826.71%1.02%
200726.44%21.67%
200621.73%-29.41%
200530.79%-9.77%
200434.12%22.36%
200327.89%14.33%
200224.39%2.07%
200123.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
33.85% 41.75%๐Ÿ‡บ๐Ÿ‡ธ USA
35.66% 49.33%๐Ÿ‡บ๐Ÿ‡ธ USA
33.14% 38.78%๐Ÿ‡บ๐Ÿ‡ธ USA
29.57% 23.83%๐Ÿ‡บ๐Ÿ‡ธ USA
31.52% 31.99%๐Ÿ‡บ๐Ÿ‡ธ 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.