Allied Cooperative Insurance Group
8150.SR
#8352
Rank
C$0.16 B
Marketcap
$5.55
Share price
-0.90%
Change (1 day)
11.55%
Change (1 year)

Operating Margin for Allied Cooperative Insurance Group (8150.SR)

Operating Margin as of September 2024 (TTM): 9.91%

According to Allied Cooperative Insurance Group's latest financial reports and stock price the company's current Operating Margin is 9.91%. At the end of 2023 the company had an Operating Margin of 7.84%.

Operating Margin history for Allied Cooperative Insurance Group from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.84%-287.06%
2022-4.19%-80.13%
2021-21.10%-2527.46%
20200.87%-45.13%
20191.58%122.88%
20180.71%-86.5%
20175.26%152.34%
20162.09%-30.72%
20153.01%-29.73%
20144.29%

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.