Shore Bancshares
SHBI
#6392
Rank
$0.33 B
Marketcap
$10.08
Share price
-0.88%
Change (1 day)
-25.44%
Change (1 year)

Operating Margin for Shore Bancshares (SHBI)

Operating Margin as of April 2024 (TTM): 34.26%

According to Shore Bancshares's latest financial reports and stock price the company's current Operating Margin is 34.26%. At the end of 2021 the company had an Operating Margin of 27.28%.

Operating Margin history for Shore Bancshares from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202127.28%-17.88%
202033.23%-9.45%
201936.69%2.62%
201835.76%13.4%
201731.53%7.8%
201629.25%27.8%
201522.89%38.9%
201416.48%-151.61%
2013-31.93%-2.06%
2012-32.60%1096.62%
2011-2.72%-23.44%
2010-3.56%-118.55%
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
34.82% 1.63%๐Ÿ‡บ๐Ÿ‡ธ USA
23.13%-32.49%๐Ÿ‡บ๐Ÿ‡ธ USA
41.96% 22.48%๐Ÿ‡บ๐Ÿ‡ธ USA
47.58% 38.88%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.