VakฤฑfBank
VAKBN.IS
#2768
Rank
$4.92 B
Marketcap
$0.74
Share price
2.33%
Change (1 day)
42.09%
Change (1 year)

Operating Margin for VakฤฑfBank (VAKBN.IS)

Operating Margin as of November 2024 (TTM): 39.26%

According to VakฤฑfBank's latest financial reports and stock price the company's current Operating Margin is 39.26%. At the end of 2023 the company had an Operating Margin of 30.71%.

Operating Margin history for VakฤฑfBank from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202330.71%-29.86%
202243.78%39.7%
202131.34%-9.72%
202034.71%34.12%
201925.88%-25.21%
201834.60%-18.33%
201742.37%12.05%
201637.82%15.45%
201532.76%-9.59%
201436.23%9.43%
201333.11%0.87%
201232.82%-18.23%
201140.14%32.15%
201030.38%-10.21%
200933.83%-1.32%
200834.28%-15.38%
200740.52%-11.86%
200645.97%

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.