ING
ING
#322
Rank
$59.84 B
Marketcap
$18.51
Share price
1.20%
Change (1 day)
28.10%
Change (1 year)

Operating Margin for ING (ING)

Operating Margin as of July 2024 (TTM): 41.40%

According to ING 's latest financial reports and stock price the company's current Operating Margin is 41.40%. At the end of 2022 the company had an Operating Margin of 29.60%.

Operating Margin history for ING from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202229.60%-20.2%
202137.09%73.47%
202021.38%-42.72%
201937.33%-0.77%
201837.62%-8%
201740.89%20.44%
201633.95%-5.69%
201536.00%16.57%
201430.88%45.87%
201321.17%179.5%
20127.58%-13.56%
20118.76%20.03%
20107.30%-253.23%
2009-4.76%114.11%
2008-2.23%-115.24%
200714.60%7.08%
200613.63%7.55%
200512.67%10.4%
200411.48%41.04%
20038.14%9.99%
20027.40%-5.69%
20017.85%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
38.55%-6.88%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
23.30%-43.72%๐Ÿ‡บ๐Ÿ‡ธ USA
40.01%-3.36%๐Ÿ‡บ๐Ÿ‡ธ USA
35.76%-13.62%๐Ÿ‡จ๐Ÿ‡ฆ 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.