According to Thai Life Insurance's latest financial reports and stock price the company's current Operating Margin is 12.30%. At the end of 2022 the company had an Operating Margin of 10.66%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.66% | 7.82% |
2021 | 9.89% | 10.88% |
2020 | 8.92% | 13.22% |
2019 | 7.88% | -4.64% |
2018 | 8.26% | -10% |
2017 | 9.18% |
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.