According to Salama Cooperative Insurance Company's latest financial reports and stock price the company's current Operating Margin is 5.50%. At the end of 2023 the company had an Operating Margin of 7.37%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.37% | -216.67% |
2022 | -6.32% | -74.67% |
2021 | -24.95% | -879.67% |
2020 | 3.20% | -131.07% |
2019 | -10.30% | -534.99% |
2018 | 2.37% | -77.25% |
2017 | 10.41% | 39.71% |
2016 | 7.45% | 706.8% |
2015 | 0.92% | -9.74% |
2014 | 1.02% | |
2012 | -5.64% | -288.3% |
2011 | 2.99% | -50.63% |
2010 | 6.06% | -91.41% |
2009 | 70.61% | -135.87% |
2008 | -196.86% | 68.91% |
2007 | -116.55% |
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.