Greenlight Reinsurance
GLRE
#6146
Rank
$0.42 B
Marketcap
Cayman Islands
Country
$12.12
Share price
-0.33%
Change (1 day)
19.06%
Change (1 year)
Categories
Operating Margin for Greenlight Reinsurance (GLRE)
Operating Margin as of April 2024 (TTM): 3.73%
According to Greenlight Reinsurance's latest financial reports and stock price the company's current Operating Margin is 3.73%. At the end of 2021 the company had an Operating Margin of 3.74%.
Operating Margin history for Greenlight Reinsurance from 2007 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 3.74% | 317.21% |
| 2020 | 0.90% | -225.68% |
| 2019 | -0.71% | -99.51% |
| 2018 | -145.32% | 1993.21% |
| 2017 | -6.94% | -186.52% |
| 2016 | 8.02% | -102.96% |
| 2015 | -271.18% | -1248.81% |
| 2014 | 23.61% | -22.49% |
| 2013 | 30.45% | 796.14% |
| 2012 | 3.40% | 55.46% |
| 2011 | 2.19% | -90.62% |
| 2010 | 23.31% | -53.38% |
| 2009 | 49.99% | -122.41% |
| 2008 | -223.07% | -893.71% |
| 2007 | 28.11% | -57.52% |
| 2006 | 66.16% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Everest Group EG | 4.90% | 31.37% | 🇧🇲 Bermuda |
 Maiden Holdings
MHLD | -61.85% | -1,758.18% | 🇧🇲 Bermuda |
 RenaissanceRe
RNR | 10.37% | 178.02% | 🇧🇲 Bermuda |
 Alleghany Y | 6.49% | 73.99% | 🇺🇸 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.