State Bank of India
SBIN.NS
$7.32
Share price
0.22%
Change (1 day)
-1.61%
Change (1 year)
Categories
Operating Margin for State Bank of India (SBIN.NS)
Operating Margin as of December 2023 (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 |
|---|---|---|
| 2023 | 26.61% | 19.64% |
| 2022 | 22.24% | 98.9% |
| 2021 | 11.18% | -28.02% |
| 2020 | 15.53% | 735.79% |
| 2019 | 1.86% | -122.02% |
| 2018 | -8.44% | -1369.2% |
| 2017 | 0.66% | -95.3% |
| 2016 | 14.16% | -31.93% |
| 2015 | 20.80% | 1.71% |
| 2014 | 20.46% | -25.38% |
| 2013 | 27.41% | |
| 2011 | 24.98% | |
| 2009 | 35.03% | 7.78% |
| 2008 | 32.50% | 5.88% |
| 2007 | 30.69% |
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.