Salama Cooperative Insurance Company
8050.SR
#8568
Rank
โ‚น10.20 B
Marketcap
โ‚น510.04
Share price
-1.48%
Change (1 day)
21.27%
Change (1 year)

Operating Margin for Salama Cooperative Insurance Company (8050.SR)

Operating Margin as of November 2024 (TTM): 6.32%

According to Salama Cooperative Insurance Company's latest financial reports and stock price the company's current Operating Margin is 6.32%. At the end of 2023 the company had an Operating Margin of 7.37%.

Operating Margin history for Salama Cooperative Insurance Company from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.37%-216.67%
2022-6.32%-74.67%
2021-24.95%-879.67%
20203.20%-131.07%
2019-10.30%-534.99%
20182.37%-77.25%
201710.41%39.71%
20167.45%706.8%
20150.92%-9.74%
20141.02%
2012-5.64%-288.3%
20112.99%-50.63%
20106.06%-91.41%
200970.61%-135.87%
2008-196.86%68.91%
2007-116.55%

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.