Gjensidige Forsikring
GJF.OL
#1854
Rank
โ‚น745.38 B
Marketcap
โ‚น1,491
Share price
-0.47%
Change (1 day)
16.47%
Change (1 year)
Gjensidige Forsikring ASA is a Norwegian insurance group.

Operating Margin for Gjensidige Forsikring (GJF.OL)

Operating Margin as of September 2024 (TTM): 13.76%

According to Gjensidige Forsikring 's latest financial reports and stock price the company's current Operating Margin is 13.76%. At the end of 2023 the company had an Operating Margin of 14.36%.

Operating Margin history for Gjensidige Forsikring from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.36%-1.26%
202214.54%-49.21%
202128.64%27.68%
202022.43%-17.8%
201927.29%63.36%
201816.70%-30.1%
201723.90%-3.63%
201624.80%11.24%
201522.29%-8.23%
201424.29%7.89%
201322.51%-19.74%
201228.05%42.53%
201119.68%30.28%
201015.11%-7.16%
200916.27%758.82%
20081.89%-86.51%
200714.05%-36.99%
200622.29%13.43%
200519.65%87.82%
200410.46%

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.