Galicia Financial Group
GGAL
$28.46
Share price
1.53%
Change (1 day)
140.17%
Change (1 year)
Categories
Operating Margin for Galicia Financial Group (GGAL)
Operating Margin as of April 2024 (TTM): 9.47%
According to Galicia Financial Group's latest financial reports and stock price the company's current Operating Margin is 9.47%. At the end of 2022 the company had an Operating Margin of 9.48%.
Operating Margin history for Galicia Financial Group from 2001 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.48% | -41.95% |
| 2021 | 16.32% | -26.26% |
| 2020 | 22.14% | -45.64% |
| 2019 | 40.73% | 35.78% |
| 2018 | 30.00% | 1.9% |
| 2017 | 29.44% | 1.55% |
| 2016 | 28.99% | -14.7% |
| 2015 | 33.99% | 10.09% |
| 2014 | 30.87% | 21.64% |
| 2013 | 25.38% | 7.23% |
| 2012 | 23.67% | 9.29% |
| 2011 | 21.66% | 75.41% |
| 2010 | 12.35% | 27.26% |
| 2009 | 9.70% | 24.12% |
| 2008 | 7.82% | 46.03% |
| 2007 | 5.35% | 8.47% |
| 2006 | 4.93% | -41.98% |
| 2005 | 8.50% | -251.29% |
| 2004 | -5.62% | -65.46% |
| 2003 | -16.27% | -87.89% |
| 2002 | -134.34% | -1161.48% |
| 2001 | 12.66% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Citigroup C | 23.30% | 146.04% | 🇺🇸 USA |
 HSBC HSBC | 44.29% | 367.69% | 🇬🇧 UK |
 Banco Latinoamericano de Comercio Exterior BLX | 60.26% | 536.33% | 🇵🇦 Panama |
 Banco Macro
BMA | 12.07% | 27.46% | 🇦🇷 Argentina |
 Shinhan Financial Group
SHG | 29.88% | 215.52% | 🇰🇷 S. Korea |
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.