Gulf General Cooperative Insurance Company
8260.SR
#8657
Rank
โ‚น8.18 B
Marketcap
โ‚น271.10
Share price
-0.82%
Change (1 day)
-8.45%
Change (1 year)

Operating Margin for Gulf General Cooperative Insurance Company (8260.SR)

Operating Margin as of September 2024 (TTM): 0.03%

According to Gulf General Cooperative Insurance Company's latest financial reports and stock price the company's current Operating Margin is 0.03%. At the end of 2023 the company had an Operating Margin of 1.68%.

Operating Margin history for Gulf General Cooperative Insurance Company from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.68%-106.34%
2022-26.44%-16.81%
2021-31.78%-873.5%
20204.11%-303.29%
2019-2.02%-90.07%
2018-20.34%-218.24%
201717.21%
20124.32%-136.02%
2011-11.99%-51.37%
2010-24.65%

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.