According to Provident Financial Services's latest financial reports and stock price the company's current Operating Margin is 45.26%. At the end of 2021 the company had an Operating Margin of 50.16%.
Year | Operating Margin | Change |
---|---|---|
2021 | 50.16% | 51.38% |
2020 | 33.13% | -18.51% |
2019 | 40.66% | 1.52% |
2018 | 40.05% | -4.81% |
2017 | 42.07% | 5.86% |
2016 | 39.74% | 0.91% |
2015 | 39.38% | 4.63% |
2014 | 37.64% | -7.53% |
2013 | 40.71% | 10.51% |
2012 | 36.84% | 18.75% |
2011 | 31.02% | 12.66% |
2010 | 27.53% | -151.44% |
2009 | -53.53% | -292.71% |
2008 | 27.78% | 1.27% |
2007 | 27.43% | -29.91% |
2006 | 39.13% | -4.02% |
2005 | 40.77% | 13.87% |
2004 | 35.81% | 113.59% |
2003 | 16.76% | -36.22% |
2002 | 26.28% | -82.71% |
2001 | 151.98% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
OceanFirst Financial OCFC | 44.80% | -1.02% | ๐บ๐ธ USA |
Kearny Financial
KRNY | 27.93% | -38.29% | ๐บ๐ธ USA |
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.