Scotiabank
BNS
#300
Rank
$63.28 B
Marketcap
$51.78
Share price
1.21%
Change (1 day)
5.61%
Change (1 year)

Operating Margin for Scotiabank (BNS)

Operating Margin as of March 2024 (TTM): 36.29%

According to Scotiabank's latest financial reports and stock price the company's current Operating Margin is 36.29%. At the end of 2022 the company had an Operating Margin of 41.52%.

Operating Margin history for Scotiabank from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202241.52%0.07%
202141.49%54.64%
202026.83%-28.02%
201937.27%-5.3%
201839.36%2.45%
201738.42%6.02%
201636.24%-5.5%
201538.34%-4.45%
201440.13%-1.99%
201340.94%1.58%
201240.30%4.34%
201138.63%-1.56%
201039.24%18.33%
200933.16%2.8%
200832.26%-21.13%
200740.90%2.99%
200639.71%1.83%
200539.00%6.67%
200436.56%13.97%
200332.08%41.98%
200222.59%-23.8%
200129.65%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
36.06%-0.63%๐Ÿ‡จ๐Ÿ‡ฆ Canada
44.29% 22.04%๐Ÿ‡ฌ๐Ÿ‡ง UK
35.76%-1.46%๐Ÿ‡จ๐Ÿ‡ฆ Canada
39.51% 8.87%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
30.75%-15.27%๐Ÿ‡จ๐Ÿ‡ฆ Canada
31.26%-13.86%๐Ÿ‡จ๐Ÿ‡ฆ Canada
31.45%-13.34%๐Ÿ‡จ๐Ÿ‡ด Colombia

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.