According to Malath Cooperative Insurance Company's latest financial reports and stock price the company's current Operating Margin is 3.72%. At the end of 2023 the company had an Operating Margin of 5.06%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.06% | -252.63% |
2022 | -3.31% | -62.78% |
2021 | -8.90% | -403.47% |
2020 | 2.93% | 7.77% |
2019 | 2.72% | 0.74% |
2018 | 2.70% | -327.24% |
2017 | -1.19% | -92.4% |
2016 | -15.64% | 2628.19% |
2015 | -0.57% | -183.05% |
2014 | 0.69% | -59.93% |
2013 | 1.72% | 23.59% |
2012 | 1.39% |
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.