Banco Santander México
BSMX
#2094
Rank
₹635.87 B
Marketcap
₹460.92
Share price
2.44%
Change (1 day)
3.20%
Change (1 year)

Operating Margin for Banco Santander México (BSMX)

Operating Margin as of November 2024 (TTM): 39.51%

According to Banco Santander México's latest financial reports and stock price the company's current Operating Margin is 39.51%. At the end of 2022 the company had an Operating Margin of 37.11%.

Operating Margin history for Banco Santander México from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202237.11%46.46%
202125.34%-32.44%
202037.51%-6.54%
201940.13%29.64%
201830.96%-28.45%
201743.26%41.85%
201630.50%0.16%
201530.45%-4.65%
201431.94%-23.49%
201341.74%-1.15%
201242.22%5.57%
201140.00%-18.95%
201049.35%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.45%-63.43%🇺🇸 USA
24.52%-37.94%🇺🇸 USA
45.50% 15.16%🇬🇧 UK
29.48%-25.39%🇨🇴 Colombia
56.30% 42.50%🇨🇱 Chile
29.93%-24.25%🇪🇸 Spain
42.24% 6.91%🇪🇸 Spain
28.02%-29.08%🇨🇦 Canada

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.