SBI Life Insurance
SBILIFE.NS
$16.98
Share price
-2.10%
Change (1 day)
25.68%
Change (1 year)
Categories
Operating Margin for SBI Life Insurance (SBILIFE.NS)
Operating Margin as of April 2024 (TTM): 2.18%
According to SBI Life Insurance's latest financial reports and stock price the company's current Operating Margin is 2.18%. At the end of 2022 the company had an Operating Margin of 1.88%.
Operating Margin history for SBI Life Insurance from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.88% | 0.22% |
| 2021 | 1.88% | -41.88% |
| 2020 | 3.23% | 3.96% |
| 2019 | 3.11% | -10.86% |
| 2018 | 3.49% | 8.66% |
| 2017 | 3.21% | -28.86% |
| 2016 | 4.51% | 25.11% |
| 2015 | 3.61% | -15.66% |
| 2014 | 4.28% | -1.32% |
| 2013 | 4.33% |
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.