According to Corebridge Financial's latest financial reports and stock price the company's current Operating Margin is 9.27%. At the end of 2024 the company had an Operating Margin of 14.71%.
Year | Operating Margin | Change |
---|---|---|
2024 | 14.71% | 198.69% |
2023 | 4.92% | -87.9% |
2022 | 40.70% | -14.78% |
2021 | 47.76% | 745.34% |
2020 | 5.65% | 436.95% |
2019 | 1.05% |
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.