Shinhan Financial Group Co Operating Margin 2010-2024 | SHG
- Shinhan Financial Group Co average operating margin for 2023 was 16.06%, a 41.04% increase from 2022.
- Shinhan Financial Group Co average operating margin for 2022 was 27.24%, a 20.56% decline from 2021.
- Shinhan Financial Group Co average operating margin for 2021 was 34.29%, a 66.94% decline from 2020.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.