Riyad Bank
1010.SR
#808
Rank
$23.81 B
Marketcap
$7.95
Share price
1.71%
Change (1 day)
-0.13%
Change (1 year)

Operating Margin for Riyad Bank (1010.SR)

Operating Margin as of March 2024 (TTM): 58.21%

According to Riyad Bank's latest financial reports and stock price the company's current Operating Margin is 58.21%. At the end of 2022 the company had an Operating Margin of 58.78%.

Operating Margin history for Riyad Bank from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202258.78%1.28%
202158.04%17.32%
202049.47%-14.89%
201958.12%9.86%
201852.90%8.93%
201748.56%10.46%
201643.97%-13.49%
201550.82%-6.44%
201454.33%-2.34%
201355.62%10.99%
201250.11%-586.52%
2011-10.30%-38.72%
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.