According to The People's Insurance Company (PICC)'s latest financial reports and stock price the company's current Operating Margin is 7.93%. At the end of 2022 the company had an Operating Margin of 6.69%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.69% | 11.34% |
2021 | 6.01% | 10.13% |
2020 | 5.46% | 2.99% |
2019 | 5.30% | -2.61% |
2018 | 5.44% | -14.95% |
2017 | 6.40% | 11.8% |
2016 | 5.72% | -31.76% |
2015 | 8.39% | 25.39% |
2014 | 6.69% | 29.34% |
2013 | 5.17% | -0.67% |
2012 | 5.21% | 18.85% |
2011 | 4.38% |
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.