Safety Insurance
SAFT
$69.66
Share price
-0.50%
Change (1 day)
-17.46%
Change (1 year)
Categories
Operating Margin for Safety Insurance (SAFT)
Operating Margin as of September 2023 (TTM): 4.24%
According to Safety Insurance 's latest financial reports and stock price the company's current Operating Margin is 4.24%. At the end of 2021 the company had an Operating Margin of 19.00%.
Operating Margin history for Safety Insurance from 2002 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 19.00% | -8.65% |
| 2020 | 20.80% | 47.26% |
| 2019 | 14.12% | 12.37% |
| 2018 | 12.57% | 21.32% |
| 2017 | 10.36% | -9.32% |
| 2016 | 11.42% | -417.25% |
| 2015 | -3.60% | -133.62% |
| 2014 | 10.71% | -8.97% |
| 2013 | 11.77% | 1.71% |
| 2012 | 11.57% | 435.05% |
| 2011 | 2.16% | -83.22% |
| 2010 | 12.89% | 2.54% |
| 2009 | 12.57% | -17.89% |
| 2008 | 15.31% | -17.85% |
| 2007 | 18.63% | -22.9% |
| 2006 | 24.17% | 17.37% |
| 2005 | 20.59% | 99.65% |
| 2004 | 10.31% | 54.33% |
| 2003 | 6.68% | 201.22% |
| 2002 | 2.22% | -131.68% |
| 2001 | -7.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Allstate ALL | -5.75% | -235.61% | 🇺🇸 USA |
 Progressive PGR | 4.31% | 1.65% | 🇺🇸 USA |
 American International Group AIG | 27.25% | 542.69% | 🇺🇸 USA |
 Mercury General
MCY | -12.16% | -386.79% | 🇺🇸 USA |
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.