SBI Card
SBICARD.NS
#2086
Rank
ยฃ6.09 B
Marketcap
ยฃ6.41
Share price
0.69%
Change (1 day)
-9.18%
Change (1 year)

Operating Margin for SBI Card (SBICARD.NS)

Operating Margin as of November 2024 (TTM): 21.70%

According to SBI Card's latest financial reports and stock price the company's current Operating Margin is 21.70%. At the end of 2023 the company had an Operating Margin of 28.38%.

Operating Margin history for SBI Card from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202328.38%12.85%
202225.15%44.24%
202117.44%-26.16%
202023.61%-3.78%
201924.54%19.59%
201820.52%1.19%
201720.28%

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.