According to Princeton Bancorp's latest financial reports and stock price the company's current Operating Margin is 46.46%. At the end of 2022 the company had an Operating Margin of 46.68%.
Year | Operating Margin | Change |
---|---|---|
2022 | 46.68% | 7.58% |
2021 | 43.39% | 34.66% |
2020 | 32.22% | 17.42% |
2019 | 27.44% | -33.16% |
2018 | 41.06% | 15.91% |
2017 | 35.42% | -13.05% |
2016 | 40.74% | 7.1% |
2015 | 38.03% |
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.