Al Rajhi Company for Cooperative Insurance
8230.SR
#2693
Rank
ยฃ4.00 B
Marketcap
ยฃ40.02
Share price
1.44%
Change (1 day)
199.56%
Change (1 year)

Operating Margin for Al Rajhi Company for Cooperative Insurance (8230.SR)

Operating Margin as of September 2024 (TTM): 8.45%

According to Al Rajhi Company for Cooperative Insurance's latest financial reports and stock price the company's current Operating Margin is 8.45%. At the end of 2023 the company had an Operating Margin of 9.48%.

Operating Margin history for Al Rajhi Company for Cooperative Insurance from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.48%173.89%
20223.46%-34.15%
20215.26%-53.89%
202011.41%164.17%
20194.32%-37.11%
20186.86%-2.65%
20177.05%13.15%
20166.23%50.68%
20154.14%
20120.11%-102.41%
2011-4.72%-66.84%
2010-14.22%

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.