International General Insurance
IGIC
#5260
Rank
$1.17 B
Marketcap
Country
$25.98
Share price
-0.15%
Change (1 day)
124.55%
Change (1 year)

Operating Margin for International General Insurance (IGIC)

Operating Margin as of November 2024 (TTM): 24.28%

According to International General Insurance's latest financial reports and stock price the company's current Operating Margin is 24.28%. At the end of 2022 the company had an Operating Margin of 20.76%.

Operating Margin history for International General Insurance from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202220.76%74.49%
202111.90%25.08%
20209.51%-5.84%
201910.10%-17.93%
201812.31%214.87%
20173.91%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-1.86%-107.66%๐Ÿ‡บ๐Ÿ‡ธ USA

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.