Union Bank of India
UNIONBANK.NS
$1.85
Share price
0.29%
Change (1 day)
98.92%
Change (1 year)
Categories
Operating Margin for Union Bank of India (UNIONBANK.NS)
Operating Margin as of May 2024 (TTM): 29.38%
According to Union Bank of India's latest financial reports and stock price the company's current Operating Margin is 29.38%. At the end of 2023 the company had an Operating Margin of 24.77%.
Operating Margin history for Union Bank of India from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 24.77% | 18.83% |
| 2022 | 20.84% | 240.91% |
| 2021 | 6.11% | -124.65% |
| 2020 | -24.80% | 31.15% |
| 2019 | -18.91% | -45.77% |
| 2018 | -34.86% | -979.42% |
| 2017 | 3.96% | -63.64% |
| 2016 | 10.90% | -23.16% |
| 2015 | 14.19% | -6.93% |
| 2014 | 15.25% | -25.68% |
| 2013 | 20.51% | 7.96% |
| 2012 | 19.00% | -24.08% |
| 2011 | 25.03% | -25.61% |
| 2010 | 33.64% | 3.2% |
| 2009 | 32.60% | -1.91% |
| 2008 | 33.24% | 36.69% |
| 2007 | 24.32% | 8.02% |
| 2006 | 22.51% | -11.38% |
| 2005 | 25.40% |
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.