Galicia Financial Group
GGAL
#2205
Rank
โ‚น595.54 B
Marketcap
โ‚น3,951
Share price
2.10%
Change (1 day)
190.89%
Change (1 year)

Operating Margin for Galicia Financial Group (GGAL)

Operating Margin as of September 2024 (TTM): 21.86%

According to Galicia Financial Group's latest financial reports and stock price the company's current Operating Margin is 21.86%. At the end of 2022 the company had an Operating Margin of 9.48%.

Operating Margin history for Galicia Financial Group from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20229.48%-41.94%
202116.32%-28.3%
202022.76%-13.76%
201926.40%546.33%
20184.08%-80.43%
201720.87%-28%
201628.99%-3.04%
201529.90%1.03%
201429.60%24.6%
201323.75%-1.06%
201224.01%-16.05%
201128.60%68.89%
201016.93%86.07%
20099.10%16.43%
20087.82%46.03%
20075.35%8.47%
20064.93%-41.98%
20058.50%-263.23%
2004-5.21%-69.48%
2003-17.07%-87.29%
2002-134.34%-1161.48%
200112.66%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-77.19%-453.11%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
45.15% 106.54%๐Ÿ‡ฌ๐Ÿ‡ง UK
72.10% 229.83%๐Ÿ‡ต๐Ÿ‡ฆ Panama
14.45%-33.90%๐Ÿ‡บ๐Ÿ‡ธ USA
28.38% 29.83%๐Ÿ‡ฐ๐Ÿ‡ท 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.