According to SAICO (Saudi Arabian Cooperative Insurance Company)'s latest financial reports and stock price the company's current Operating Margin is 7.78%. At the end of 2023 the company had an Operating Margin of 9.76%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.76% | -224.65% |
2022 | -7.83% | -14.64% |
2021 | -9.17% | -192.22% |
2020 | 9.95% | -2960.28% |
2019 | -0.35% | |
2016 | 9.95% | 78.99% |
2015 | 5.56% | 40.98% |
2014 | 3.94% | -162.92% |
2013 | -6.27% | -230.7% |
2012 | 4.80% | -532.42% |
2011 | -1.11% | -20.54% |
2010 | -1.40% | -85.87% |
2009 | -9.88% | -94.88% |
2008 | -193.01% | -42.06% |
2007 | -333.10% |
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.