According to Gjensidige Forsikring 's latest financial reports and stock price the company's current Operating Margin is 15.69%. At the end of 2023 the company had an Operating Margin of 14.36%.
Year | Operating Margin | Change |
---|---|---|
2023 | 14.36% | -1.26% |
2022 | 14.54% | -49.21% |
2021 | 28.64% | 27.68% |
2020 | 22.43% | -17.8% |
2019 | 27.29% | 63.36% |
2018 | 16.70% | -30.1% |
2017 | 23.90% | -3.63% |
2016 | 24.80% | 11.24% |
2015 | 22.29% | -8.23% |
2014 | 24.29% | 7.89% |
2013 | 22.51% | -19.74% |
2012 | 28.05% | 42.53% |
2011 | 19.68% | 30.28% |
2010 | 15.11% | -7.16% |
2009 | 16.27% | 758.82% |
2008 | 1.89% | -86.51% |
2007 | 14.05% | -36.99% |
2006 | 22.29% | 13.43% |
2005 | 19.65% | 87.82% |
2004 | 10.46% |
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.