VakฤฑfBank
VAKBN.IS
$0.60
Share price
2.93%
Change (1 day)
33.33%
Change (1 year)
Categories
Operating Margin for VakฤฑfBank (VAKBN.IS)
Operating Margin as of April 2024 (TTM): 35.68%
According to VakฤฑfBank's latest financial reports and stock price the company's current Operating Margin is 35.68%. At the end of 2022 the company had an Operating Margin of 42.87%.
Operating Margin history for VakฤฑfBank from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 42.87% | 36.79% |
| 2021 | 31.34% | -9.72% |
| 2020 | 34.71% | 34.12% |
| 2019 | 25.88% | -26.73% |
| 2018 | 35.33% | -16.63% |
| 2017 | 42.37% | 12.05% |
| 2016 | 37.82% | 14.71% |
| 2015 | 32.97% | -9.01% |
| 2014 | 36.23% | 18.17% |
| 2013 | 30.66% | -6.58% |
| 2012 | 32.82% | -1.21% |
| 2011 | 33.23% | 9.38% |
| 2010 | 30.38% | -16.28% |
| 2009 | 36.29% | 11.09% |
| 2008 | 32.66% | -19.38% |
| 2007 | 40.52% | -11.86% |
| 2006 | 45.97% |
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.