Al Rajhi Bank
1120.SR
$21.40
Share price
0.12%
Change (1 day)
7.33%
Change (1 year)
Categories
Operating Margin for Al Rajhi Bank (1120.SR)
Operating Margin as of May 2024 (TTM): 67.75%
According to Al Rajhi Bank's latest financial reports and stock price the company's current Operating Margin is 67.75%. At the end of 2022 the company had an Operating Margin of 66.96%.
Operating Margin history for Al Rajhi Bank from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 66.96% | 4.38% |
| 2021 | 64.15% | 12.22% |
| 2020 | 57.16% | -1.79% |
| 2019 | 58.20% | -2.37% |
| 2018 | 59.62% | 3.72% |
| 2017 | 57.48% | 7.54% |
| 2016 | 53.45% | 2.94% |
| 2015 | 51.92% | 3.6% |
| 2014 | 50.11% | -7.04% |
| 2013 | 53.91% | -9.12% |
| 2012 | 59.32% | -3.58% |
| 2011 | 61.52% | -161.53% |
| 2010 | -99.99% | -4.02% |
| 2009 | -104.17% | -133.22% |
| 2008 | 313.56% |
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.