The Saudi National Bank
1180.SR
$9.86
Share price
-1.20%
Change (1 day)
-1.50%
Change (1 year)
Categories
Operating Margin for The Saudi National Bank (1180.SR)
Operating Margin as of April 2024 (TTM): 63.97%
According to The Saudi National Bank's latest financial reports and stock price the company's current Operating Margin is 63.97%. At the end of 2022 the company had an Operating Margin of 62.51%.
Operating Margin history for The Saudi National Bank from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 62.51% | 26.83% |
| 2021 | 49.29% | -16.39% |
| 2020 | 58.95% | -5.06% |
| 2019 | 62.09% | 10.35% |
| 2018 | 56.26% | 5.86% |
| 2017 | 53.15% | 6.5% |
| 2016 | 49.91% | -3.23% |
| 2015 | 51.58% | -5.43% |
| 2014 | 54.54% | 1.15% |
| 2013 | 53.92% |
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.