Goosehead Insurance
GSHD
#2893
Rank
โ‚ฌ4.33 B
Marketcap
116,83ย โ‚ฌ
Share price
1.75%
Change (1 day)
74.80%
Change (1 year)

Operating Margin for Goosehead Insurance (GSHD)

Operating Margin as of November 2024 (TTM): 14.44%

According to Goosehead Insurance 's latest financial reports and stock price the company's current Operating Margin is 14.44%. At the end of 2023 the company had an Operating Margin of 10.10%.

Operating Margin history for Goosehead Insurance from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.10%312.32%
20222.45%-38.27%
20213.97%-73.8%
202015.14%0.41%
201915.08%-149.79%
2018-30.29%-249.07%
201720.32%35.45%
201615.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
23.04% 59.56%๐Ÿ‡บ๐Ÿ‡ธ USA
14.44% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.19%-115.17%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.