Richmond Mutual Bancorporation
RMBI
$11.30
Share price
-0.35%
Change (1 day)
18.57%
Change (1 year)
Categories
Operating Margin for Richmond Mutual Bancorporation (RMBI)
Operating Margin as of May 2024 (TTM): 33.96%
According to Richmond Mutual Bancorporation's latest financial reports and stock price the company's current Operating Margin is 33.96%. At the end of 2021 the company had an Operating Margin of 31.20%.
Operating Margin history for Richmond Mutual Bancorporation from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 31.20% | 0.23% |
| 2020 | 31.13% | -154.82% |
| 2019 | -56.78% | -358.16% |
| 2018 | 21.99% | 7.45% |
| 2017 | 20.47% |
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.