Truist Financial
TFC
$35.71
Share price
0.14%
Change (1 day)
5.49%
Change (1 year)
Categories
Operating Margin for Truist Financial (TFC)
Operating Margin as of April 2024 (TTM): 31.40%
According to Truist Financial's latest financial reports and stock price the company's current Operating Margin is 31.40%. At the end of 2022 the company had an Operating Margin of 33.29%.
Operating Margin history for Truist Financial from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 33.29% | -7.29% |
| 2021 | 35.91% | 48.97% |
| 2020 | 24.10% | -24.62% |
| 2019 | 31.98% | -8.96% |
| 2018 | 35.13% | 19.52% |
| 2017 | 29.39% | -8.18% |
| 2016 | 32.01% | 8.52% |
| 2015 | 29.49% | -6.15% |
| 2014 | 31.43% | -1.26% |
| 2013 | 31.83% | 13.94% |
| 2012 | 27.93% | 52.86% |
| 2011 | 18.27% | 74.95% |
| 2010 | 10.45% | -11.77% |
| 2009 | 11.84% | -57.92% |
| 2008 | 28.13% | -27.4% |
| 2007 | 38.75% | -2.89% |
| 2006 | 39.90% | -5.37% |
| 2005 | 42.16% | -0.74% |
| 2004 | 42.48% | 30.58% |
| 2003 | 32.53% | -19.35% |
| 2002 | 40.33% | 13.05% |
| 2001 | 35.68% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 54.66% | 74.08% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 31.30% | -0.32% | 🇺🇸 USA |
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.