State Bank of India
SBIN.NS
#215
Rank
S$116.14 B
Marketcap
$13.01
Share price
4.52%
Change (1 day)
44.51%
Change (1 year)

Operating Margin for State Bank of India (SBIN.NS)

Operating Margin as of November 2024 (TTM): 28.03%

According to State Bank of India 's latest financial reports and stock price the company's current Operating Margin is 28.03%. At the end of 2023 the company had an Operating Margin of 27.89%.

Operating Margin history for State Bank of India from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202327.89%32.39%
202221.07%20.38%
202117.50%88.53%
20209.28%194.73%
20193.15%-215.29%
2018-2.73%-510.87%
20170.66%-95.41%
201614.47%-30.44%
201520.80%1.71%
201420.46%-25.38%
201327.41%-3.19%
201228.32%13.1%
201125.04%-9.92%
201027.79%-20.65%
200935.03%7.78%
200832.50%5.88%
200730.69%15.5%
200626.57%

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.