Washington Trust Bancorp
WASH
#6179
Rank
$0.44 B
Marketcap
$25.97
Share price
3.88%
Change (1 day)
-8.30%
Change (1 year)

Operating Margin for Washington Trust Bancorp (WASH)

Operating Margin as of June 2024 (TTM): 39.82%

According to Washington Trust Bancorp's latest financial reports and stock price the company's current Operating Margin is 39.82%. At the end of 2021 the company had an Operating Margin of 42.91%.

Operating Margin history for Washington Trust Bancorp from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202142.91%9.19%
202039.30%-10.65%
201943.98%-1.37%
201844.59%5.88%
201742.12%7.63%
201639.13%-1.11%
201539.57%0.19%
201439.49%8.92%
201336.26%4.86%
201234.58%11.99%
201130.88%13.62%
201027.17%34.7%
200920.17%-27.47%
200827.81%-15.35%
200732.86%-8.26%
200635.81%-3.54%
200537.13%-0.53%
200437.33%2.74%
200336.33%1.61%
200235.76%16.67%
200130.65%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
31.85%-20.02%๐Ÿ‡บ๐Ÿ‡ธ USA
54.66% 37.27%๐Ÿ‡บ๐Ÿ‡ธ USA
47.16% 18.43%๐Ÿ‡บ๐Ÿ‡ธ USA
32.36%-18.73%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
32.86%-17.48%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
44.18% 10.95%๐Ÿ‡บ๐Ÿ‡ธ 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.