Heritage Insurance
HRTG
#6546
Rank
C$0.67 B
Marketcap
$21.92
Share price
0.62%
Change (1 day)
213.26%
Change (1 year)

Operating Margin for Heritage Insurance (HRTG)

Operating Margin as of September 2024 (TTM): 8.59%

According to Heritage Insurance's latest financial reports and stock price the company's current Operating Margin is 8.59%. At the end of 2023 the company had an Operating Margin of 8.59%.

Operating Margin history for Heritage Insurance from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.59%-136.18%
2022-23.75%120.41%
2021-10.78%-727.88%
20201.72%-82.28%
20199.68%-21.19%
201812.29%582.84%
20171.80%-86.08%
201612.93%-66.03%
201538.07%19.88%
201431.76%-43.45%
201356.16%-183.69%
2012-67.10%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
26.46% 208.03%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
26.13% 204.19%๐Ÿ‡บ๐Ÿ‡ธ USA
16.44% 91.39%๐Ÿ‡บ๐Ÿ‡ธ USA
6.49%-24.45%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.