SBI Life Insurance
SBILIFE.NS
#1094
Rank
C$24.49 B
Marketcap
$24.45
Share price
-2.95%
Change (1 day)
4.22%
Change (1 year)

Operating Margin for SBI Life Insurance (SBILIFE.NS)

Operating Margin as of November 2024 (TTM): 1.49%

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%.

Operating Margin history for SBI Life Insurance from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.18%15.84%
20221.88%0.22%
20211.88%-41.88%
20203.23%4.82%
20193.08%-11.6%
20183.49%8.83%
20173.20%-28.97%
20164.51%25.11%
20153.61%-15.66%
20144.28%-1.32%
20134.33%

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.