Orange County Bancorp
OBT
$49.50
Share price
-0.32%
Change (1 day)
52.50%
Change (1 year)
Categories
Operating Margin for Orange County Bancorp (OBT)
Operating Margin as of May 2024 (TTM): 29.14%
According to Orange County Bancorp's latest financial reports and stock price the company's current Operating Margin is 29.14%. At the end of 2021 the company had an Operating Margin of 37.04%.
Operating Margin history for Orange County Bancorp from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 37.04% | 52.31% |
| 2020 | 24.32% | -7.63% |
| 2019 | 26.33% | 29.3% |
| 2018 | 20.36% | 23.66% |
| 2017 | 16.46% | 29.82% |
| 2016 | 12.68% | -296.03% |
| 2015 | -6.47% |
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.