MERCHANTS BANCORP
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | — | 89.0% | 41.1% |
| FY2016 | — | 89.4% | 40.2% |
| FY2017 | — | 91.8% | 47.9% |
| FY2018 | — | 96.5% | 45.1% |
| FY2019 | — | 113.3% | 45.7% |
| FY2020 | — | 85.9% | 51.3% |
| FY2021 | — | 77.8% | 52.2% |
| FY2022 | — | 102.0% | 49.4% |
| FY2023 | — | 173.7% | 49.6% |
| FY2024 | — | 63.0% | 47.8% |