Summit State Bank
SSBI
$9.65
Share price
3.99%
Change (1 day)
-36.60%
Change (1 year)
Categories
Operating Margin for Summit State Bank (SSBI)
Operating Margin as of May 2024 (TTM): 48.09%
According to Summit State Bank's latest financial reports and stock price the company's current Operating Margin is 48.09%. At the end of 2022 the company had an Operating Margin of 48.10%.
Operating Margin history for Summit State Bank from 2006 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 48.10% | -3.12% |
| 2021 | 49.64% | 15.35% |
| 2020 | 43.04% | 24.33% |
| 2019 | 34.62% | 2.98% |
| 2018 | 33.61% | 15.15% |
| 2017 | 29.19% | -28.5% |
| 2016 | 40.83% | -19.28% |
| 2015 | 50.58% | 2.53% |
| 2014 | 49.33% | 22.37% |
| 2013 | 40.31% | 26.35% |
| 2012 | 31.91% | 48.74% |
| 2011 | 21.45% | 12.02% |
| 2010 | 19.15% | -12.38% |
| 2009 | 21.86% | 71.92% |
| 2008 | 12.71% | -53.66% |
| 2007 | 27.43% | -91.12% |
| 2006 | 308.83% | 610.83% |
| 2005 | 43.45% | -82.92% |
| 2004 | 254.43% | -41.23% |
| 2003 | 432.90% | -28.04% |
| 2002 | 601.60% |
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.