Norion Bank
NORION.ST
#6018
Rank
โ‚น63.57 B
Marketcap
โ‚น309.53
Share price
0.25%
Change (1 day)
9.94%
Change (1 year)

Operating Margin for Norion Bank (NORION.ST)

Operating Margin as of November 2024 (TTM): 44.55%

According to Norion Bank's latest financial reports and stock price the company's current Operating Margin is 44.55%. At the end of 2023 the company had an Operating Margin of 44.87%.

Operating Margin history for Norion Bank from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202344.87%-0.01%
202244.88%23.41%
202136.37%91.33%
202019.01%-235.16%
2019-14.06%-135.98%
201839.08%-15.78%
201746.40%22.26%
201637.95%

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.