VakฤฑfBank
VAKBN.IS
#2892
Rank
$3.65 B
Marketcap
$0.51
Share price
-3.98%
Change (1 day)
82.14%
Change (1 year)

Operating Margin for VakฤฑfBank (VAKBN.IS)

Operating Margin as of January 2023 (TTM): 41.62%

According to VakฤฑfBank's latest financial reports and stock price the company's current Operating Margin is 41.62%. At the end of 2021 the company had an Operating Margin of 31.34%.

Operating Margin history for VakฤฑfBank from 2009 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202131.34%-9.72%
202034.71%34.12%
201925.88%-26.73%
201835.33%-16.63%
201742.37%12.05%
201637.82%14.71%
201532.97%-9.01%
201436.23%18.17%
201330.66%-6.58%
201232.82%-1.21%
201133.23%9.38%
201030.38%-16.28%
200936.29%11.09%
200832.66%-19.38%
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.