According to ICICI Prulife's latest financial reports and stock price the company's current Operating Margin is 1.28%. At the end of 2023 the company had an Operating Margin of 1.83%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.83% | 42.34% |
2022 | 1.28% | -1.4% |
2021 | 1.30% | -75.49% |
2020 | 5.31% | 86.73% |
2019 | 2.85% | -36.43% |
2018 | 4.48% | -6.54% |
2017 | 4.79% | -45.36% |
2016 | 8.76% | 86.9% |
2015 | 4.69% | -33.75% |
2014 | 7.08% | -10.5% |
2013 | 7.91% | -24.23% |
2012 | 10.44% |
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.