Sumitomo Mitsui Financial Group
SMFG
$9.86
Share price
-2.18%
Change (1 day)
60.59%
Change (1 year)
Categories
Operating Margin for Sumitomo Mitsui Financial Group (SMFG)
Operating Margin as of September 2023 (TTM): 28.24%
According to Sumitomo Mitsui Financial Group's latest financial reports and stock price the company's current Operating Margin is 28.24%. At the end of 2023 the company had an Operating Margin of 29.02%.
Operating Margin history for Sumitomo Mitsui Financial Group from 2008 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 29.02% | 6.85% |
| 2022 | 27.16% | 27.92% |
| 2021 | 21.23% | -12.14% |
| 2020 | 24.16% | -5.88% |
| 2019 | 25.67% | 10.88% |
| 2018 | 23.16% | -11.94% |
| 2017 | 26.30% | 12.03% |
| 2016 | 23.47% | -24.72% |
| 2015 | 31.18% | -22.69% |
| 2014 | 40.33% | 45.13% |
| 2013 | 27.79% | 7.2% |
| 2012 | 25.92% | 11.79% |
| 2011 | 23.19% | -45.35% |
| 2010 | 42.43% | 3392.1% |
| 2009 | 1.21% | -95.94% |
| 2008 | 29.94% | 4.06% |
| 2007 | 28.77% | -20.98% |
| 2006 | 36.41% | -1186.83% |
| 2005 | -3.35% | -127.8% |
| 2004 | 12.05% | -36.75% |
| 2003 | 19.06% | -2.81% |
| 2002 | 19.61% | 98.35% |
| 2001 | 9.89% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Citigroup C | 23.30% | -17.49% | 🇺🇸 USA |
 State Street Corporation
STT | 27.11% | -4.00% | 🇺🇸 USA |
 Shinhan Financial Group
SHG | 29.88% | 5.81% | 🇰🇷 S. Korea |
 Mizuho Financial Group
MFG | 31.68% | 12.18% | 🇯🇵 Japan |
 ICICI Bank IBN | 36.03% | 27.58% | 🇮🇳 India |
 Barclays BCS | 31.02% | 9.84% | 🇬🇧 UK |
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.