Saigon Thuong Tin Commercial Bank
STB.VN
#3970
Rank
S$3.22 B
Marketcap
$1.71
Share price
-0.31%
Change (1 day)
3.09%
Change (1 year)

Operating Margin for Saigon Thuong Tin Commercial Bank (STB.VN)

Operating Margin as of November 2024 (TTM): 40.46%

According to Saigon Thuong Tin Commercial Bank's latest financial reports and stock price the company's current Operating Margin is 40.46%. At the end of 2023 the company had an Operating Margin of 38.69%.

Operating Margin history for Saigon Thuong Tin Commercial Bank from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202338.69%-4.54%
202240.52%50.79%
202126.87%35.24%
202019.87%-18.77%
201924.46%18.52%
201820.64%18.11%
201717.48%601.98%
20162.49%-76.44%
201510.57%-69.86%
201435.07%-9.6%
201338.80%98.7%
201219.53%-52.05%
201140.72%-12.97%
201046.78%-9.55%
200951.72%10.11%
200846.97%

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.