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Sparebanken Sor (OSL:SOR) Net Margin % : 60.48% (As of Mar. 2024)


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What is Sparebanken Sor Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sparebanken Sor's Net Income for the three months ended in Mar. 2024 was kr574 Mil. Sparebanken Sor's Revenue for the three months ended in Mar. 2024 was kr949 Mil. Therefore, Sparebanken Sor's net margin for the quarter that ended in Mar. 2024 was 60.48%.

The historical rank and industry rank for Sparebanken Sor's Net Margin % or its related term are showing as below:

OSL:SOR' s Net Margin % Range Over the Past 10 Years
Min: 35.99   Med: 47.12   Max: 51.94
Current: 51.94


OSL:SOR's Net Margin % is ranked better than
95.41% of 1461 companies
in the Banks industry
Industry Median: 25.13 vs OSL:SOR: 51.94

Sparebanken Sor Net Margin % Historical Data

The historical data trend for Sparebanken Sor'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.

Sparebanken Sor Net Margin % Chart

Sparebanken Sor 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 48.81 47.42 51.54 47.40 51.01

Sparebanken Sor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 58.04 50.53 49.35 46.97 60.48

Competitive Comparison of Sparebanken Sor's Net Margin %

For the Banks - Regional subindustry, Sparebanken Sor'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.


Sparebanken Sor's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebanken Sor's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sparebanken Sor's Net Margin % falls into.



Sparebanken Sor 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.

Sparebanken Sor'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 )
=1772/3474
=51.01 %

Sparebanken Sor's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=574/949
=60.48 %

* 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.


Sparebanken Sor  (OSL:SOR) 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.


Sparebanken Sor Net Margin % Related Terms

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Sparebanken Sor (OSL:SOR) Business Description

Traded in Other Exchanges
Address
4662 Kristiansand, Postboks 200, Kristiansand, NOR
Sparebanken Sor is a financial institution. It is banking, securities, and real estate brokerage activities in Norway. It is also engaged in selling insurance, leasing, securities, and real estate brokerage and mortgaging. The company's operating business segments are the Retail and Corporate Market segments.