According to ICICI Lombard's latest financial reports and stock price the company's current Operating Margin is 11.75%. At the end of 2023 the company had an Operating Margin of 11.83%.
Year | Operating Margin | Change |
---|---|---|
2023 | 11.83% | 16.38% |
2022 | 10.17% | -32.61% |
2021 | 15.09% | -0.51% |
2020 | 15.16% | 5.74% |
2019 | 14.34% | 15.93% |
2018 | 12.37% | 17.44% |
2017 | 10.53% | 3.75% |
2016 | 10.15% | -17.29% |
2015 | 12.27% | 27.21% |
2014 | 9.65% | 34.86% |
2013 | 7.15% |
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.