Goosehead Insurance
GSHD
$55.50
Share price
4.40%
Change (1 day)
3.29%
Change (1 year)
Categories
Operating Margin for Goosehead Insurance (GSHD)
Operating Margin as of April 2024 (TTM): 9.58%
According to Goosehead Insurance 's latest financial reports and stock price the company's current Operating Margin is 9.58%. At the end of 2022 the company had an Operating Margin of 2.45%.
Operating Margin history for Goosehead Insurance from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.45% | -38.27% |
| 2021 | 3.97% | -73.8% |
| 2020 | 15.14% | 0.41% |
| 2019 | 15.08% | -149.79% |
| 2018 | -30.29% | -249.09% |
| 2017 | 20.32% | 35.44% |
| 2016 | 15.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Marsh & McLennan Companies MMC | 20.35% | 112.42% | 🇺🇸 USA |
 Goosehead Insurance
GSHD | 9.58% | 0.00% | 🇺🇸 USA |
 SelectQuote SLQT | -18.33% | -291.34% | 🇺🇸 USA |
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.