SpareBank 1
SPOL.OL
$12.03
Share price
1.04%
Change (1 day)
2.38%
Change (1 year)
Categories
Operating Margin for SpareBank 1 (SPOL.OL)
Operating Margin as of April 2024 (TTM): 57.29%
According to SpareBank 1's latest financial reports and stock price the company's current Operating Margin is 57.29%. At the end of 2021 the company had an Operating Margin of 62.02%.
Operating Margin history for SpareBank 1 from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 62.02% | 19.42% |
| 2020 | 51.94% | -4.97% |
| 2019 | 54.65% | 13.62% |
| 2018 | 48.10% | 2.89% |
| 2017 | 46.75% | -2.09% |
| 2016 | 47.75% | -7.75% |
| 2015 | 51.76% | -5.14% |
| 2014 | 54.56% |
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.