American Coastal Insurance Corporation
ACIC
#6371
Rank
A$0.82 B
Marketcap
$17.04
Share price
-1.39%
Change (1 day)
47.00%
Change (1 year)

Operating Margin for American Coastal Insurance Corporation (ACIC)

Operating Margin as of September 2024 (TTM): 40.47%

According to American Coastal Insurance Corporation's latest financial reports and stock price the company's current Operating Margin is 40.47%. At the end of 2023 the company had an Operating Margin of 32.10%.

Operating Margin history for American Coastal Insurance Corporation from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202332.10%-659.32%
2022-5.74%25.98%
2021-4.56%-70.81%
2020-15.60%294.84%
2019-3.95%574.87%
2018-0.59%-521.09%
20170.14%-90.33%
20161.44%-87.72%
201511.71%-49.07%
201422.98%38.68%
201316.57%38.42%
201211.97%-11.3%
201113.50%-866.93%
2010-1.76%-124.61%
20097.15%-82.63%
200841.17%-3.31%
200742.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-108.11%-367.14%๐Ÿ‡บ๐Ÿ‡ธ USA
35.31%-12.75%๐Ÿ‡บ๐Ÿ‡ธ USA

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.