E-L Financial
ELF.TO
$800.94
Share price
1.89%
Change (1 day)
19.14%
Change (1 year)
Categories
Operating Margin for E-L Financial (ELF.TO)
Operating Margin as of April 2024 (TTM): 56.28%
According to E-L Financial's latest financial reports and stock price the company's current Operating Margin is 56.28%. At the end of 2022 the company had an Operating Margin of -50.22%.
Operating Margin history for E-L Financial from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -50.22% | -177.93% |
| 2021 | 64.44% | 131.66% |
| 2020 | 27.82% | -21.29% |
| 2019 | 35.34% | 322.52% |
| 2018 | 8.36% | -78.19% |
| 2017 | 38.35% | 48.11% |
| 2016 | 25.89% | -37.09% |
| 2015 | 41.15% | 67.3% |
| 2014 | 24.60% | -54.85% |
| 2013 | 54.48% | 182.82% |
| 2012 | 19.26% | -1488.64% |
| 2011 | -1.39% | -116.78% |
| 2010 | 8.27% | -190.99% |
| 2009 | -9.09% | 151.49% |
| 2008 | -3.61% |
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.