According to Corebridge Financial's latest financial reports and stock price the company's current Operating Margin is 15.12%. At the end of 2022 the company had an Operating Margin of 39.21%.
Year | Operating Margin | Change |
---|---|---|
2022 | 39.21% | -9.45% |
2021 | 43.30% | 666.31% |
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.