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Woori Financial Group (Woori Financial Group) Revenue : $9,006 Mil (TTM As of Dec. 2023)


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What is Woori Financial Group Revenue?

Woori Financial Group's revenue for the three months ended in Dec. 2023 was $2,310 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $9,006 Mil. Woori Financial Group's Revenue per Share for the three months ended in Dec. 2023 was $9.28. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $36.75.

Warning Sign:

Woori Financial Group Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Woori Financial Group was 2.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 14.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Woori Financial Group's highest 3-Year average Revenue per Share Growth Rate was 14.50% per year. The lowest was 0.20% per year. And the median was 7.10% per year.


Woori Financial Group Revenue Historical Data

The historical data trend for Woori Financial Group's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Woori Financial Group Revenue Chart

Woori Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 6,591.93 7,062.13 8,106.90 8,834.64 9,046.50

Woori Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,357.58 2,276.08 2,228.20 2,191.66 2,309.79

Competitive Comparison of Woori Financial Group's Revenue

For the Banks - Regional subindustry, Woori Financial Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Woori Financial Group's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Woori Financial Group's Revenue distribution charts can be found below:

* The bar in red indicates where Woori Financial Group's Revenue falls into.



Woori Financial Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,006 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Woori Financial Group  (NYSE:WF) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Woori Financial Group Revenue Related Terms

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Woori Financial Group (Woori Financial Group) Business Description

Traded in Other Exchanges
Address
51, Sogong-ro, Jung-gu, Seoul, KOR, 04632
Woori is one of Korea's four largest commercial banking groups. It was formed in 2001 through the merger of several financially troubled banks affected by the Asian financial crisis and became temporarily 100% government-owned after a bailout. It had been the largest banking group by assets but is now number four after the government required the sale of a number of subsidiaries in 2014 in an effort to recoup taxpayer money. The government has completed the process of fully divesting itself of Woori, with Korea Deposit Insurance selling its final 1.2% stake in late 2023.

Woori Financial Group (Woori Financial Group) Headlines

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