Ping An Insurance
601318.SS
$5.69
Share price
0.29%
Change (1 day)
-14.82%
Change (1 year)
Categories
Operating Margin for Ping An Insurance (601318.SS)
Operating Margin as of April 2024 (TTM): 16.49%
According to Ping An Insurance's latest financial reports and stock price the company's current Operating Margin is 16.49%. At the end of 2022 the company had an Operating Margin of 10.73%.
Operating Margin history for Ping An Insurance from 2007 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.73% | -18.67% |
| 2021 | 13.20% | -23.04% |
| 2020 | 17.15% | -1.96% |
| 2019 | 17.49% | -5.72% |
| 2018 | 18.55% | 23.58% |
| 2017 | 15.01% | 13.99% |
| 2016 | 13.17% | -12.08% |
| 2015 | 14.98% | 11.99% |
| 2014 | 13.38% | 5.52% |
| 2013 | 12.68% | 17.93% |
| 2012 | 10.75% | -10.51% |
| 2011 | 12.01% | 2.16% |
| 2010 | 11.76% | -12.49% |
| 2009 | 13.44% | -866.96% |
| 2008 | -1.75% | -116.61% |
| 2007 | 10.55% | -62.33% |
| 2006 | 27.99% | -26.84% |
| 2005 | 38.26% | -16.57% |
| 2004 | 45.87% | 10.58% |
| 2003 | 41.48% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 China Life Insurance 601628.SS | 4.82% | -70.77% | 🇨🇳 China |
 Manulife Financial MFC | 13.19% | -20.01% | 🇨🇦 Canada |
 Prudential PUK | -17.77% | -207.76% | 🇬🇧 UK |
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.