LIC Housing Finance
LICHSGFIN.NS
#2984
Rank
โ‚ฌ3.92 B
Marketcap
7,14ย โ‚ฌ
Share price
-1.62%
Change (1 day)
39.08%
Change (1 year)

Operating Margin for LIC Housing Finance (LICHSGFIN.NS)

Operating Margin as of September 2024 (TTM): 70.84%

According to LIC Housing Finance 's latest financial reports and stock price the company's current Operating Margin is 70.84%. At the end of 2023 the company had an Operating Margin of 55.66%.

Operating Margin history for LIC Housing Finance from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202355.66%13.34%
202249.11%-22.97%
202163.75%-5.47%
202067.44%-10.56%
201975.40%-0.69%
201875.92%-6.02%
201780.78%-5.58%
201685.55%-4.01%
201589.13%-0.91%
201489.95%7.41%
201383.74%4.51%
201280.12%187.49%
201127.87%6.12%
201026.26%4.44%
200925.15%1.6%
200824.75%8.42%
200722.83%8.21%
200621.10%6.17%
200519.87%

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.