According to Liva Insurance Company's latest financial reports and stock price the company's current Operating Margin is 8.06%. At the end of 2023 the company had an Operating Margin of 3.99%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.99% | -125.33% |
2022 | -15.75% | -33.86% |
2021 | -23.81% | -1669.24% |
2020 | 1.52% | -90.76% |
2019 | 16.42% | -15.56% |
2018 | 19.45% | -28.02% |
2017 | 27.02% | 23.73% |
2016 | 21.84% | 89.43% |
2015 | 11.53% |
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.