Shinhan Financial Group
SHG
#961
Rank
NZ$34.60 B
Marketcap
$68.74
Share price
3.28%
Change (1 day)
52.76%
Change (1 year)

Operating Margin for Shinhan Financial Group (SHG)

Operating Margin as of November 2024 (TTM): 19.51%

According to Shinhan Financial Group 's latest financial reports and stock price the company's current Operating Margin is 19.51%. At the end of 2022 the company had an Operating Margin of 27.39%.

Operating Margin history for Shinhan Financial Group from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202227.39%6.88%
202125.63%12.24%
202022.83%-4.58%
201923.93%-14.88%
201828.11%8.15%
201725.99%10.78%
201623.46%0.14%
201523.43%4.98%
201422.32%3.38%
201321.59%-15.69%
201225.60%-24.88%
201134.08%13.36%
201030.07%109.44%
200914.36%-31.09%
200820.83%-30.92%
200730.16%13.65%
200626.53%-38.88%
200543.42%10.48%
200439.30%159.46%
200315.15%-58.92%
200236.87%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.99% 48.59%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
14.45%-25.94%๐Ÿ‡บ๐Ÿ‡ธ USA
32.46% 66.38%๐Ÿ‡ฏ๐Ÿ‡ต Japan

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.