Riyad Bank
1010.SR
#873
Rank
$21.65 B
Marketcap
$7.23
Share price
-0.55%
Change (1 day)
-20.12%
Change (1 year)

Operating Margin for Riyad Bank (1010.SR)

Operating Margin as of July 2024 (TTM): 57.02%

According to Riyad Bank's latest financial reports and stock price the company's current Operating Margin is 57.02%. At the end of 2023 the company had an Operating Margin of 56.99%.

Operating Margin history for Riyad Bank from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202356.99%-2.97%
202258.74%1.21%
202158.04%17.32%
202049.47%-14.89%
201958.12%10%
201852.84%8.8%
201748.57%10.46%
201643.97%-13.74%
201550.97%-6.17%
201454.33%-2.34%
201355.62%10.99%
201250.11%-0.14%
201150.18%-398.55%
2010-16.81%55.83%
2009-10.79%53.65%
2008-7.02%-14.64%
2007-8.22%18.71%
2006-6.93%

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.