Shinhan Financial Group
SHG
$34.16
Share price
7.25%
Change (1 day)
29.59%
Change (1 year)
Operating Margin for Shinhan Financial Group (SHG)
Operating Margin as of April 2024 (TTM): 29.88%
According to Shinhan Financial Group 's latest financial reports and stock price the company's current Operating Margin is 29.88%. At the end of 2022 the company had an Operating Margin of 28.09%.
Operating Margin history for Shinhan Financial Group from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 28.09% | 9.94% |
| 2021 | 25.55% | 10.91% |
| 2020 | 23.03% | -4.2% |
| 2019 | 24.04% | -14.46% |
| 2018 | 28.11% | 8.08% |
| 2017 | 26.01% | 10.68% |
| 2016 | 23.50% | 0.3% |
| 2015 | 23.43% | 4.98% |
| 2014 | 22.32% | -35.44% |
| 2013 | 34.57% | 34.85% |
| 2012 | 25.63% | -39.9% |
| 2011 | 42.65% | 275.39% |
| 2010 | 11.36% | -20.85% |
| 2009 | 14.36% | -31.7% |
| 2008 | 21.02% | -30.3% |
| 2007 | 30.16% | 13.65% |
| 2006 | 26.53% | -38.88% |
| 2005 | 43.42% | 10.48% |
| 2004 | 39.30% | 159.46% |
| 2003 | 15.15% | -58.92% |
| 2002 | 36.87% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Citigroup C | 23.30% | -22.02% | 🇺🇸 USA |
 Mizuho Financial Group
MFG | 31.68% | 6.02% | 🇯🇵 Japan |
 KB Financial Group KB | 38.55% | 29.02% | 🇰🇷 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.