Parke Bancorp
PKBK
#6940
Rank
$0.20 B
Marketcap
$17.10
Share price
0.00%
Change (1 day)
-6.33%
Change (1 year)

Operating Margin for Parke Bancorp (PKBK)

Operating Margin as of March 2024 (TTM): 70.15%

According to Parke Bancorp's latest financial reports and stock price the company's current Operating Margin is 70.15%. At the end of 2021 the company had an Operating Margin of 70.48%.

Operating Margin history for Parke Bancorp from 2003 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202170.48%21.12%
202058.19%-11.82%
201965.99%1.73%
201864.87%12.51%
201757.66%-4.61%
201660.44%24.44%
201548.57%8.29%
201444.85%20%
201337.38%5.32%
201235.49%-4.53%
201137.17%-0.51%
201037.36%-4.03%
200938.93%2.32%
200838.05%-32.26%
200756.18%6.57%
200652.71%4.52%
200550.43%0.29%
200450.29%7.92%
200346.60%23.46%
200237.74%-58.44%
200190.82%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
44.44%-36.65%๐Ÿ‡บ๐Ÿ‡ธ USA
52.85%-24.66%๐Ÿ‡บ๐Ÿ‡ธ USA
43.76%-37.62%๐Ÿ‡บ๐Ÿ‡ธ USA
43.02%-38.67%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.