According to Saudi Reinsurance Company's latest financial reports and stock price the company's current Operating Margin is 4.21%. At the end of 2022 the company had an Operating Margin of 6.06%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.06% | 2.22% |
2021 | 5.93% | -32.9% |
2020 | 8.83% | 4.66% |
2019 | 8.44% | 292.71% |
2018 | 2.15% | -63.94% |
2017 | 5.96% | 131.6% |
2016 | 2.57% | 3444.39% |
2015 | 0.07% | -96.44% |
2014 | 2.04% | -107.1% |
2013 | -28.69% | -295.11% |
2012 | 14.71% | -4318.05% |
2011 | -0.35% | -91.05% |
2010 | -3.90% | -131.09% |
2009 | 12.54% |
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.