New India Assurance
NIACL.NS
$2.63
Share price
-0.61%
Change (1 day)
105.47%
Change (1 year)
Categories
Operating Margin for New India Assurance (NIACL.NS)
Operating Margin as of April 2024 (TTM): 3.08%
According to New India Assurance 's latest financial reports and stock price the company's current Operating Margin is 3.08%. At the end of 2023 the company had an Operating Margin of 3.08%.
Operating Margin history for New India Assurance from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 3.08% | 535.31% |
| 2022 | 0.48% | -92.19% |
| 2021 | 6.21% | 15.44% |
| 2020 | 5.38% | 120.17% |
| 2019 | 2.44% | -77.39% |
| 2018 | 10.80% | 150.98% |
| 2017 | 4.30% | -20.13% |
| 2016 | 5.39% | -45.26% |
| 2015 | 9.84% | 51.33% |
| 2014 | 6.51% | -24.98% |
| 2013 | 8.67% |
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.