LIC Housing Finance
LICHSGFIN.NS
$7.99
Share price
0.83%
Change (1 day)
89.79%
Change (1 year)
Categories
Operating Margin for LIC Housing Finance (LICHSGFIN.NS)
Operating Margin as of April 2024 (TTM): 57.82%
According to LIC Housing Finance 's latest financial reports and stock price the company's current Operating Margin is 57.82%. At the end of 2023 the company had an Operating Margin of 55.54%.
Operating Margin history for LIC Housing Finance from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 55.54% | 13.21% |
| 2022 | 49.06% | -22.97% |
| 2021 | 63.69% | -5.56% |
| 2020 | 67.44% | -16.12% |
| 2019 | 80.40% | -2.98% |
| 2018 | 82.86% | 2.74% |
| 2017 | 80.66% | -5.56% |
| 2016 | 85.40% | -3.96% |
| 2015 | 88.93% | -0.9% |
| 2014 | 89.74% | 7.44% |
| 2013 | 83.52% | 315.33% |
| 2012 | 20.11% | -26.9% |
| 2011 | 27.51% | 4.76% |
| 2010 | 26.26% | 4.43% |
| 2009 | 25.15% | -1.1% |
| 2008 | 25.43% | 11.38% |
| 2007 | 22.83% | 8.21% |
| 2006 | 21.10% | 6.17% |
| 2005 | 19.87% |
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.