According to Mercantile Bank's latest financial reports and stock price the company's current Operating Margin is 43.15%. At the end of 2024 the company had an Operating Margin of 42.46%.
Year | Operating Margin | Change |
---|---|---|
2024 | 42.46% | -6.69% |
2023 | 45.50% | 14.27% |
2022 | 39.82% | -3.18% |
2021 | 41.13% | 25.55% |
2020 | 32.76% | -17.91% |
2019 | 39.91% | 7.12% |
2018 | 37.26% | 4.09% |
2017 | 35.79% | -3.12% |
2016 | 36.95% | 11.52% |
2015 | 33.13% | 15.45% |
2014 | 28.70% | -37.95% |
2013 | 46.25% | 39.2% |
2012 | 33.22% | 92.03% |
2011 | 17.30% | -184.92% |
2010 | -20.37% | -74.25% |
2009 | -79.12% | 330.34% |
2008 | -18.39% | -194.11% |
2007 | 19.54% | -54.67% |
2006 | 43.10% | 0.86% |
2005 | 42.73% | 5.89% |
2004 | 40.35% | 4.3% |
2003 | 38.69% | -5.41% |
2002 | 40.90% | 15.62% |
2001 | 35.38% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 38.46% | -10.87% | ๐บ๐ธ USA |
![]() | 49.67% | 15.11% | ๐บ๐ธ USA |
![]() | 44.18% | 2.39% | ๐บ๐ธ USA |
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.