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%.
Year | Operating Margin | Change |
---|---|---|
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% |
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.