SelectQuote
SLQT
$1.61
Share price
3.87%
Change (1 day)
65.98%
Change (1 year)
Operating Margin for SelectQuote (SLQT)
Operating Margin as of April 2024 (TTM): -18.33%
According to SelectQuote's latest financial reports and stock price the company's current Operating Margin is -18.33%. At the end of 2022 the company had an Operating Margin of -51.02%.
Operating Margin history for SelectQuote from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -51.02% | -388.49% |
| 2021 | 17.68% | -11.46% |
| 2020 | 19.97% | -28.76% |
| 2019 | 28.04% | 57.8% |
| 2018 | 17.77% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Marsh & McLennan Companies MMC | 20.35% | -211.02% | 🇺🇸 USA |
 Goosehead Insurance
GSHD | 9.58% | -152.26% | 🇺🇸 USA |
 SelectQuote SLQT | -18.33% | 0.00% | 🇺🇸 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.