Shore Bancshares
SHBI
#6336
Rank
$0.48 B
Marketcap
$14.64
Share price
1.39%
Change (1 day)
10.91%
Change (1 year)

Operating Margin for Shore Bancshares (SHBI)

Operating Margin as of July 2024 (TTM): 7.10%

According to Shore Bancshares's latest financial reports and stock price the company's current Operating Margin is 7.10%. At the end of 2023 the company had an Operating Margin of 8.88%.

Operating Margin history for Shore Bancshares from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.88%-73.78%
202233.88%24.17%
202127.28%-17.88%
202033.23%-8.72%
201936.40%1.79%
201835.76%6.24%
201733.66%15.06%
201629.25%27.8%
201522.89%38.9%
201416.48%-150.98%
2013-32.32%-1.93%
2012-32.96%1082.96%
2011-2.79%-23.72%
2010-3.65%-119.04%
200919.18%-37.34%
200830.61%-20.5%
200738.50%-8.24%
200641.96%-4.96%
200544.15%8.74%
200440.60%-5.27%
200342.86%-5.41%
200245.31%-9.44%
200150.04%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
30.45% 328.87%๐Ÿ‡บ๐Ÿ‡ธ USA
36.37% 412.25%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
25.83% 263.80%๐Ÿ‡บ๐Ÿ‡ธ USA
30.09% 323.80%๐Ÿ‡บ๐Ÿ‡ธ USA

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.