The Royal Bank of Canada is Canada's largest bank. The bank has over 1,300 branches in Canada and approximately 80,000 employees in 55 countries.
According to Royal Bank Of Canada's latest financial reports and stock price the company's current Operating Margin is 32.60%. At the end of 2023 the company had an Operating Margin of 32.82%.
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.