According to Sandnes Sparebank's latest financial reports and stock price the company's current Operating Margin is 56.20%. At the end of 2023 the company had an Operating Margin of 51.42%.
Year | Operating Margin | Change |
---|---|---|
2023 | 51.42% | 5.55% |
2022 | 48.72% | -10.13% |
2021 | 54.21% | 5.42% |
2020 | 51.43% | -4.93% |
2019 | 54.09% | 5.52% |
2018 | 51.27% | 19.59% |
2017 | 42.87% | 21.2% |
2016 | 35.37% | -262.89% |
2015 | -21.71% | -166.28% |
2014 | 32.76% | -22.48% |
2013 | 42.26% | 10.04% |
2012 | 38.40% | 54.07% |
2011 | 24.93% | -735.01% |
2010 | -3.93% | -116% |
2009 | 24.53% | -248.96% |
2008 | -16.47% |
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.