Heritage Insurance
HRTG
#6758
Rank
$0.24 B
Marketcap
$8.15
Share price
2.26%
Change (1 day)
148.48%
Change (1 year)

Operating Margin for Heritage Insurance (HRTG)

Operating Margin as of May 2024 (TTM): -10.77%

According to Heritage Insurance's latest financial reports and stock price the company's current Operating Margin is -10.77%. At the end of 2021 the company had an Operating Margin of -10.78%.

Operating Margin history for Heritage Insurance from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-10.78%-727.88%
20201.72%-82.28%
20199.68%-21.19%
201812.29%582.84%
20171.80%-86.07%
201612.92%-66.05%
201538.07%19.88%
201431.76%-43.45%
201356.16%-183.69%
2012-67.10%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.85%-237.88%๐Ÿ‡บ๐Ÿ‡ธ USA
45.53%-522.75%๐Ÿ‡บ๐Ÿ‡ธ USA
16.86%-256.55%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
6.49%-160.26%๐Ÿ‡บ๐Ÿ‡ธ 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.