Walaa Cooperative Insurance Company
8060.SR
#6693
Rank
โ‚ฌ0.48 B
Marketcap
5,65ย โ‚ฌ
Share price
0.27%
Change (1 day)
37.66%
Change (1 year)

Operating Margin for Walaa Cooperative Insurance Company (8060.SR)

Operating Margin as of November 2024 (TTM): 8.79%

According to Walaa Cooperative Insurance Company's latest financial reports and stock price the company's current Operating Margin is 8.79%. At the end of 2022 the company had an Operating Margin of -1.06%.

Operating Margin history for Walaa Cooperative Insurance Company from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1.06%-88.96%
2021-9.62%-203.9%
20209.26%189.51%
20193.20%-75.82%
201813.22%-31.17%
201719.21%-1.12%
201619.43%-258.85%
2015-12.23%-940.14%
20141.46%-88.17%
201312.31%19.78%
201210.27%259.27%
20112.86%
2009-50.24%

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.