Farmers & Merchants Bancorp, In (FMAO) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 67.2%
EBITDA Margin: 18.9%
Op. Margin: 18.3%
Net Margin: 23.1%

Op. margin of 18.3% is up 6.1% YoY — cost efficiency is improving. Net margin at 23.1% and gross margin of 67.2% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit