HDFC Life
HDFCLIFE.NS
$7.12
Share price
-0.21%
Change (1 day)
10.05%
Change (1 year)
Categories
HDFC Life Limited or HDFC Life Insurance Company Ltd. is an Indian life insurance provider with its headquarters in Mumbai, offering individual and group insurance services.
Operating Margin for HDFC Life (HDFCLIFE.NS)
Operating Margin as of April 2024 (TTM): 1.77%
According to HDFC Life 's latest financial reports and stock price the company's current Operating Margin is 1.77%. At the end of 2023 the company had an Operating Margin of 1.83%.
Operating Margin history for HDFC Life from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 1.83% | -5.45% |
| 2022 | 1.93% | 2.39% |
| 2021 | 1.89% | -58.77% |
| 2020 | 4.58% | 36.1% |
| 2019 | 3.36% | -3.28% |
| 2018 | 3.48% | 17.48% |
| 2017 | 2.96% | -35.66% |
| 2016 | 4.60% | 55.41% |
| 2015 | 2.96% | -21.18% |
| 2014 | 3.75% | 16.76% |
| 2013 | 3.22% |
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.