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Operating Margin for 1st Source (SRCE)

As of · Reported

Metric

TTM

34.6%

YoY change

+4.19pp

Trough year (2002)

4.2%

Peak year (2021)

43.6%

Operating Margin history chart for 1st Source (SRCE) from 1989 to 2025

Latest: 34.2%

Operating Margin change chart for 1st Source (SRCE) from 1989 to 2025

Latest: +4.19pp

Operating Margin history table for 1st Source (SRCE) from 1989 to 2025

  • 202534.2%+4.19pp
  • 202430.0%-1.86pp
  • 202331.9%-8.86pp
  • 202240.7%-2.93pp
  • 202143.6%+14.66pp
  • 202029.0%-2.31pp
  • 201931.3%+1.65pp
  • 201829.6%-2.94pp
  • 201732.6%+0.83pp
  • 201631.8%-1.30pp
  • 201533.0%+0.12pp
  • 201432.9%+0.24pp
  • 201332.7%+3.94pp
  • 201228.7%+1.25pp
  • 201127.5%+6.44pp
  • 201021.0%+10.03pp
  • 200911.0%-3.51pp
  • 200814.5%+1.67pp
  • 200712.9%-7.99pp
  • 200620.8%+0.02pp
  • 200520.8%+4.91pp
  • 200415.9%+4.71pp
  • 200311.2%+7.03pp
  • 20024.2%-13.32pp
  • 200117.5%-0.80pp
  • 200018.3%-2.29pp
  • 199920.6%+0.74pp
  • 199819.8%+0.28pp
  • 199719.6%-0.86pp
  • 199620.4%-0.27pp
  • 199520.7%+0.04pp
  • 199420.7%+0.56pp
  • 199320.1%+2.46pp
  • 199217.6%+3.08pp
  • 199114.6%+2.50pp
  • 199012.1%+0.92pp
  • 198911.1%—

Operating Margin values are taken from 1st Source's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at 1st Source (SRCE)

According to 1st Source's latest reported financial statements, the company's latest reported operating margin is 34.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, 1st Source (SRCE) operating margin totalled 34.18% – expanded 4.2 percentage points year-over-year.

Across the available history, operating margin reached its high of 43.65% in 2021 and its low of 4.18% in 2002.

1st Source Operating Margin by Year

1st Source Operating Margin 2025: 34.2%

1st Source operating margin in 2025 was 34.18%, expanded 4.2 percentage points from 2024.

1st Source Operating Margin 2024: 30.0%

2024's operating margin for 1st Source came in at 29.99%, contracted 1.9 percentage points from 2023.

1st Source Operating Margin 2023: 31.9%

1st Source posted operating margin of 31.86% in 2023, contracted 8.9 percentage points from 2022.

1st Source Operating Margin 2022: 40.7%

In 2022, 1st Source reported operating margin of 40.72%, contracted 2.9 percentage points from 2021.

1st Source Operating Margin 2021: 43.6%

1st Source operating margin in 2021 was 43.65%.

See more financial history for 1st Source (SRCE).

Sector peers by Operating Margin

Financial Services peers of 1st Source (SRCE), ranked by their latest operating margin

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