South State Corp
SSB
$80.37
Share price
1.41%
Change (1 day)
17.74%
Change (1 year)
Categories
Operating Margin for South State Corp (SSB)
Operating Margin as of April 2024 (TTM): 38.67%
According to South State Corp's latest financial reports and stock price the company's current Operating Margin is 38.67%. At the end of 2022 the company had an Operating Margin of 38.50%.
Operating Margin history for South State Corp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 38.50% | -11.59% |
| 2021 | 43.55% | 376.54% |
| 2020 | 9.14% | -74.3% |
| 2019 | 35.57% | 4.23% |
| 2018 | 34.12% | 10.54% |
| 2017 | 30.87% | -9.95% |
| 2016 | 34.28% | 1.01% |
| 2015 | 33.94% | 32.3% |
| 2014 | 25.65% | 20.46% |
| 2013 | 21.29% | 10.52% |
| 2012 | 19.27% | 9.84% |
| 2011 | 17.54% | -63.31% |
| 2010 | 47.82% | 217.19% |
| 2009 | 15.07% | -28.75% |
| 2008 | 21.16% | -27.55% |
| 2007 | 29.20% | 1.01% |
| 2006 | 28.91% | 5.63% |
| 2005 | 27.37% | 1.59% |
| 2004 | 26.94% | -10.78% |
| 2003 | 30.20% | -2.76% |
| 2002 | 31.05% | -3.61% |
| 2001 | 32.22% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Glacier Bancorp
GBCI | 38.04% | -1.63% | 🇺🇸 USA |
 Flushing Financial Corp FFIC | 36.17% | -6.46% | 🇺🇸 USA |
 First Busey BUSE | 37.30% | -3.54% | 🇺🇸 USA |
 Berkshire Hills Bancorp BHLB | 27.81% | -28.08% | 🇺🇸 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.