Woori Financial Group
WF
$31.03
Share price
-0.19%
Change (1 day)
19.21%
Change (1 year)
Categories
Operating Margin for Woori Financial Group (WF)
Operating Margin as of May 2024 (TTM): 39.04%
According to Woori Financial Group's latest financial reports and stock price the company's current Operating Margin is 39.04%. At the end of 2022 the company had an Operating Margin of 39.24%.
Operating Margin history for Woori Financial Group from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 39.24% | 0.51% |
| 2021 | 39.04% | 50.7% |
| 2020 | 25.91% | -26.32% |
| 2019 | 35.16% | -10.9% |
| 2018 | 39.46% | 46.59% |
| 2017 | 26.92% | 8.39% |
| 2016 | 24.84% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 HDFC Bank HDB | 49.75% | 27.43% | 🇮🇳 India |
 Shinhan Financial Group
SHG | 29.88% | -23.46% | 🇰🇷 S. Korea |
 KB Financial Group KB | 38.55% | -1.26% | 🇰🇷 S. Korea |
 ICICI Bank IBN | 36.03% | -7.71% | 🇮🇳 India |
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.