Wataniya Insurance Company
8300.SR
#7235
Rank
A$0.45 B
Marketcap
$11.50
Share price
1.23%
Change (1 day)
59.25%
Change (1 year)

Operating Margin for Wataniya Insurance Company (8300.SR)

Operating Margin as of September 2024 (TTM): 11.50%

According to Wataniya Insurance Company's latest financial reports and stock price the company's current Operating Margin is 11.50%. At the end of 2023 the company had an Operating Margin of 9.69%.

Operating Margin history for Wataniya Insurance Company from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.69%-354.26%
2022-3.81%-57.82%
2021-9.03%-345.68%
20203.68%-29.35%
20195.20%5.08%
20184.95%

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.