The People's Insurance Company (PICC)
601319.SS
#598
Rank
NZ$54.50 B
Marketcap
$1.38
Share price
0.17%
Change (1 day)
1.13%
Change (1 year)

Operating Margin for The People's Insurance Company (PICC) (601319.SS)

Operating Margin as of September 2024 (TTM): 7.93%

According to The People's Insurance Company (PICC)'s latest financial reports and stock price the company's current Operating Margin is 7.93%. At the end of 2022 the company had an Operating Margin of 6.69%.

Operating Margin history for The People's Insurance Company (PICC) from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20226.69%11.34%
20216.01%10.13%
20205.46%2.99%
20195.30%-2.61%
20185.44%-14.95%
20176.40%11.8%
20165.72%-31.76%
20158.39%25.39%
20146.69%29.34%
20135.17%-0.67%
20125.21%18.85%
20114.38%

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.