Greenlight Reinsurance
GLRE
#6624
Rank
NZ$0.86 B
Marketcap
Country
$24.72
Share price
0.14%
Change (1 day)
37.03%
Change (1 year)

Operating Margin for Greenlight Reinsurance (GLRE)

Operating Margin as of November 2024 (TTM): 13.61%

According to Greenlight Reinsurance's latest financial reports and stock price the company's current Operating Margin is 13.61%. At the end of 2023 the company had an Operating Margin of 13.62%.

Operating Margin history for Greenlight Reinsurance from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202313.62%161.97%
20225.20%39.06%
20213.74%317.21%
20200.90%-225.68%
2019-0.71%-99.51%
2018-145.17%1991.09%
2017-6.94%-186.52%
20168.02%-102.96%
2015-271.18%-1255.01%
201423.48%-22.98%
201330.49%797.03%
20123.40%55.46%
20112.19%-90.99%
201024.26%-51.46%
200949.99%-104.62%
2008-1,081.72%-3948.85%
200728.11%-57.52%
200666.16%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
6.49%-52.31%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.19%-233.65%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
30.63% 125.06%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
16.85% 23.81%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.