State Bank of India
SBIN.NS
#268
Rank
$56.32 B
Marketcap
$6.31
Share price
-1.69%
Change (1 day)
-2.47%
Change (1 year)

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

Operating Margin as of March 2023 (TTM): 27.31%

According to State Bank of India 's latest financial reports and stock price the company's current Operating Margin is 27.31%. At the end of 2022 the company had an Operating Margin of 22.24%.

Operating Margin history for State Bank of India from 2010 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
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.