Gjensidige Forsikring
GJF.OL
$16.28
Share price
1.07%
Change (1 day)
-3.73%
Change (1 year)
Categories
Gjensidige Forsikring ASA is a Norwegian insurance group.
Operating Margin for Gjensidige Forsikring (GJF.OL)
Operating Margin as of April 2024 (TTM): 17.50%
According to Gjensidige Forsikring 's latest financial reports and stock price the company's current Operating Margin is 17.50%. At the end of 2022 the company had an Operating Margin of 17.78%.
Operating Margin history for Gjensidige Forsikring from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.78% | -37.44% |
| 2021 | 28.42% | 26.68% |
| 2020 | 22.43% | -15.36% |
| 2019 | 26.51% | 66.55% |
| 2018 | 15.91% | -29.29% |
| 2017 | 22.51% | -9.24% |
| 2016 | 24.80% | 11.24% |
| 2015 | 22.29% | -8.23% |
| 2014 | 24.29% | 7.89% |
| 2013 | 22.51% | -19.74% |
| 2012 | 28.05% | 67.34% |
| 2011 | 16.76% | 10.97% |
| 2010 | 15.11% | -7.16% |
| 2009 | 16.27% | 1253.39% |
| 2008 | 1.20% | -91.44% |
| 2007 | 14.05% | -18.3% |
| 2006 | 17.19% | -12.52% |
| 2005 | 19.65% | 87.82% |
| 2004 | 10.46% |
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.