Damaan Islamic Insurance Company (Beema)
BEMA.QA
#7654
Rank
S$0.28 B
Marketcap
$1.44
Share price
-0.42%
Change (1 day)
9.03%
Change (1 year)

Operating Margin for Damaan Islamic Insurance Company (Beema) (BEMA.QA)

Operating Margin as of September 2024 (TTM): 21.93%

According to Damaan Islamic Insurance Company (Beema)'s latest financial reports and stock price the company's current Operating Margin is 21.93%. At the end of 2023 the company had an Operating Margin of 21.53%.

Operating Margin history for Damaan Islamic Insurance Company (Beema) from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202321.53%12.14%
202219.20%-64.6%
202154.24%9.57%
202049.50%

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.