GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparebank 1 Ostfold Akershus (OSL:SOAG) » Definitions » Net Margin %

Sparebank 1 Ostfold Akershus (OSL:SOAG) Net Margin % : 39.38% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Sparebank 1 Ostfold Akershus Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sparebank 1 Ostfold Akershus's Net Income for the three months ended in Dec. 2023 was kr115 Mil. Sparebank 1 Ostfold Akershus's Revenue for the three months ended in Dec. 2023 was kr292 Mil. Therefore, Sparebank 1 Ostfold Akershus's net margin for the quarter that ended in Dec. 2023 was 39.38%.

The historical rank and industry rank for Sparebank 1 Ostfold Akershus's Net Margin % or its related term are showing as below:

OSL:SOAG' s Net Margin % Range Over the Past 10 Years
Min: 36.88   Med: 49.44   Max: 55.88
Current: 44.06


OSL:SOAG's Net Margin % is ranked better than
88.88% of 1457 companies
in the Banks industry
Industry Median: 25.32 vs OSL:SOAG: 44.06

Sparebank 1 Ostfold Akershus Net Margin % Historical Data

The historical data trend for Sparebank 1 Ostfold Akershus's Net Margin % 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.

* Premium members only.

Sparebank 1 Ostfold Akershus Net Margin % Chart

Sparebank 1 Ostfold Akershus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.88 49.07 54.49 47.78 44.14

Sparebank 1 Ostfold Akershus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 54.95 47.49 47.14 42.44 39.38

Competitive Comparison of Sparebank 1 Ostfold Akershus's Net Margin %

For the Banks - Regional subindustry, Sparebank 1 Ostfold Akershus's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Sparebank 1 Ostfold Akershus's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebank 1 Ostfold Akershus's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sparebank 1 Ostfold Akershus's Net Margin % falls into.



Sparebank 1 Ostfold Akershus Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sparebank 1 Ostfold Akershus's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=493/1117
=44.14 %

Sparebank 1 Ostfold Akershus's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=115/292
=39.38 %

* 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.


Sparebank 1 Ostfold Akershus  (OSL:SOAG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Sparebank 1 Ostfold Akershus Net Margin % Related Terms

Thank you for viewing the detailed overview of Sparebank 1 Ostfold Akershus's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sparebank 1 Ostfold Akershus (OSL:SOAG) Business Description

Traded in Other Exchanges
N/A
Address
Kongensgate 21, Moss, NOR, 1501
Sparebank 1 Ostfold Akershus is a regional savings bank operating through SpareBank 1 Corp. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

Sparebank 1 Ostfold Akershus (OSL:SOAG) Headlines

No Headlines