The People's Insurance Company (PICC)
601319.SS
$0.73
Share price
-2.60%
Change (1 day)
-23.96%
Change (1 year)
Categories
Operating Margin for The People's Insurance Company (PICC) (601319.SS)
Operating Margin at the end of 2022: 6.69%
According to The People's Insurance Company (PICC)'s latest financial reports and stock price the company's current Operating Margin is 6.69%. 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 2011 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.69% | 11.34% |
| 2021 | 6.01% | 10.26% |
| 2020 | 5.45% | 2.86% |
| 2019 | 5.30% | -2.61% |
| 2018 | 5.44% | -15.08% |
| 2017 | 6.41% | 11.96% |
| 2016 | 5.72% | -31.76% |
| 2015 | 8.39% | 25.39% |
| 2014 | 6.69% | 29.08% |
| 2013 | 5.18% | -0.68% |
| 2012 | 5.22% | 19.1% |
| 2011 | 4.38% |
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.