OceanFirst Financial
OCFC
#5239
Rank
โ‚ฌ1.09 B
Marketcap
18,80ย โ‚ฌ
Share price
-0.20%
Change (1 day)
52.70%
Change (1 year)

Operating Margin for OceanFirst Financial (OCFC)

Operating Margin as of November 2024 (TTM): 36.38%

According to OceanFirst Financial's latest financial reports and stock price the company's current Operating Margin is 36.38%. At the end of 2023 the company had an Operating Margin of 34.30%.

Operating Margin history for OceanFirst Financial from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202334.30%-23.66%
202244.93%11.22%
202140.40%83.03%
202022.07%-39.93%
201936.74%16.51%
201831.54%-6.96%
201733.89%33.2%
201625.45%-25.44%
201534.13%-0.99%
201434.47%11.86%
201330.81%-10.61%
201234.47%-2.17%
201135.23%4.37%
201033.76%10.29%
200930.61%0.28%
200830.52%1710.3%
20071.69%-93.7%
200626.76%-23.73%
200535.09%-2.77%
200436.09%-10.63%
200340.38%-3.17%
200241.70%-3.34%
200143.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-57.45%-257.92%๐Ÿ‡บ๐Ÿ‡ธ USA
19.42%-46.62%๐Ÿ‡บ๐Ÿ‡ธ USA
31.48%-13.47%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.