SBI Card
SBICARD.NS
$9.00
Share price
-1.05%
Change (1 day)
-6.15%
Change (1 year)
Categories
Operating Margin for SBI Card (SBICARD.NS)
Operating Margin as of April 2024 (TTM): 25.46%
According to SBI Card's latest financial reports and stock price the company's current Operating Margin is 25.46%. At the end of 2023 the company had an Operating Margin of 26.90%.
Operating Margin history for SBI Card from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 26.90% | 6.95% |
| 2022 | 25.15% | 44.24% |
| 2021 | 17.44% | -26.17% |
| 2020 | 23.62% | 6.68% |
| 2019 | 22.14% | 7.88% |
| 2018 | 20.52% | 1.19% |
| 2017 | 20.28% |
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.