According to SBI Life Insurance's latest financial reports and stock price the company's current Operating Margin is 1.49%. At the end of 2023 the company had an Operating Margin of 2.18%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.18% | 15.84% |
2022 | 1.88% | 0.22% |
2021 | 1.88% | -41.88% |
2020 | 3.23% | 4.82% |
2019 | 3.08% | -11.6% |
2018 | 3.49% | 8.83% |
2017 | 3.20% | -28.97% |
2016 | 4.51% | 25.11% |
2015 | 3.61% | -15.66% |
2014 | 4.28% | -1.32% |
2013 | 4.33% |
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.