International General Insurance
IGIC
#5743
Rank
$0.62 B
Marketcap
Jordan
Country
$13.50
Share price
1.58%
Change (1 day)
64.23%
Change (1 year)
Categories
Operating Margin for International General Insurance (IGIC)
Operating Margin as of May 2024 (TTM): 21.76%
According to International General Insurance's latest financial reports and stock price the company's current Operating Margin is 21.76%. At the end of 2021 the company had an Operating Margin of 11.89%.
Operating Margin history for International General Insurance from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 11.89% | 10.23% |
| 2020 | 10.79% | 6.79% |
| 2019 | 10.10% | -17.93% |
| 2018 | 12.31% | 214.87% |
| 2017 | 3.91% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 ProAssurance PRA | -0.56% | -102.57% | 🇺🇸 USA |
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.