Life Insurance Corporation of India (LIC)
LICI.NS
#315
Rank
$53.76 B
Marketcap
$8.50
Share price
-1.45%
Change (1 day)
6.12%
Change (1 year)

Operating Margin for Life Insurance Corporation of India (LIC) (LICI.NS)

Operating Margin as of December 2023 (TTM): 5.72%

According to Life Insurance Corporation of India (LIC)'s latest financial reports and stock price the company's current Operating Margin is 5.72%. At the end of 2023 the company had an Operating Margin of 4.53%.

Operating Margin history for Life Insurance Corporation of India (LIC) from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20234.53%695.71%
20220.57%-14.69%
20210.67%-230.17%
2020-0.51%-476.4%
20190.14%

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.