According to Dubai Islamic Insurance & Reinsurance's latest financial reports and stock price the company's current Operating Margin is -137.81%. At the end of 2023 the company had an Operating Margin of 26.96%.
Year | Operating Margin | Change |
---|---|---|
2023 | 26.96% | -280.26% |
2022 | -14.96% | -277.28% |
2021 | 8.44% | -50.4% |
2020 | 17.01% | 81.1% |
2019 | 9.39% | -48.06% |
2018 | 18.08% | 117.87% |
2017 | 8.30% | -179.88% |
2016 | -10.39% | 639.55% |
2015 | -1.41% | -619.94% |
2014 | 0.27% | -100.78% |
2013 | -34.80% | -967.61% |
2012 | 4.01% | -124.41% |
2011 | -16.43% | -810.56% |
2010 | 2.31% | 1234.67% |
2009 | 0.17% |
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.