According to Allianz Saudi Fransi Cooperative Insurance's latest financial reports and stock price the company's current Operating Margin is 5.80%. At the end of 2023 the company had an Operating Margin of 7.48%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.48% | 100.24% |
2022 | 3.73% | 9.43% |
2021 | 3.41% | -207.37% |
2020 | -3.18% | -155.96% |
2019 | 5.68% | -1.03% |
2018 | 5.74% | 10.62% |
2017 | 5.19% | 12.4% |
2016 | 4.62% | -19.07% |
2015 | 5.70% | 61.81% |
2014 | 3.52% | -34.32% |
2013 | 5.37% | 101.09% |
2012 | 2.67% |
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.