State Bank of India
SBIN.NS
#209
Rank
$80.55 B
Marketcap
$9.03
Share price
2.60%
Change (1 day)
45.65%
Change (1 year)

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

Operating Margin as of March 2024 (TTM): 29.61%

According to State Bank of India 's latest financial reports and stock price the company's current Operating Margin is 29.61%. At the end of 2023 the company had an Operating Margin of 26.61%.

Operating Margin history for State Bank of India from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202326.61%19.64%
202222.24%98.9%
202111.18%-28.02%
202015.53%735.79%
20191.86%-122.02%
2018-8.44%-1369.2%
20170.66%-95.3%
201614.16%-31.93%
201520.80%1.71%
201420.46%-25.38%
201327.41%
201124.98%
200935.03%7.78%
200832.50%5.88%
200730.69%

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.