Varengold Bank AG
VG8.DE
#9593
Rank
โ‚ฌ24.08 M
Marketcap
2,30ย โ‚ฌ
Share price
-1.71%
Change (1 day)
-24.22%
Change (1 year)

Operating Margin for Varengold Bank AG (VG8.DE)

Operating Margin at the end of 2022: 32.07%

According to Varengold Bank AG's latest financial reports and stock price the company's current Operating Margin is 32.07%. At the end of 2022 the company had an Operating Margin of 32.07%.

Operating Margin history for Varengold Bank AG from 2009 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202232.07%-17.34%
202138.80%444.4%
20207.13%-53.29%
201915.26%34.42%
201811.35%200.27%
20173.78%-140.17%
2016-9.41%-87.51%
2015-75.34%-2140.32%
20143.69%-106.53%
2013-56.51%45.08%
2012-38.95%71.56%
2011-22.70%-194.64%
201023.99%-227.63%
2009-18.80%

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.