According to Punjab National Bank 's latest financial reports and stock price the company's current Operating Margin is 12.51%. At the end of 2023 the company had an Operating Margin of 10.28%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.28% | -12.3% |
2022 | 11.73% | 35.18% |
2021 | 8.68% | 189.89% |
2020 | 2.99% | -104.84% |
2019 | -61.85% | 18.33% |
2018 | -52.27% | -1521.02% |
2017 | 3.68% | -123.54% |
2016 | -15.62% | -210.06% |
2015 | 14.20% | -40.98% |
2014 | 24.05% | -31.01% |
2013 | 34.86% | 23.83% |
2012 | 28.15% | -2.11% |
2011 | 28.76% | -40.94% |
2010 | 48.70% | 1.59% |
2009 | 47.94% | 7.96% |
2008 | 44.41% | 33.71% |
2007 | 33.21% | 34.33% |
2006 | 24.72% | 4% |
2005 | 23.77% |
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.