General Insurance Corporation of India
GICRE.NS
#2158
Rank
$6.95 B
Marketcap
$3.96
Share price
-0.48%
Change (1 day)
153.85%
Change (1 year)

Operating Margin for General Insurance Corporation of India (GICRE.NS)

Operating Margin as of March 2024 (TTM): 18.05%

According to General Insurance Corporation of India 's latest financial reports and stock price the company's current Operating Margin is 18.05%. At the end of 2023 the company had an Operating Margin of 17.03%.

Operating Margin history for General Insurance Corporation of India from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202317.03%127.31%
20227.49%18.51%
20216.32%-989.61%
2020-0.71%-108.19%
20198.68%3.87%
20188.36%-24.65%
201711.09%-28.3%
201615.47%-3.31%
201516.00%19.4%
201413.40%

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.