Saudi Enaya Cooperative Insurance Company
8311.SR
#8862
Rank
S$0.11 B
Marketcap
$4.90
Share price
-0.57%
Change (1 day)
12.50%
Change (1 year)

Operating Margin for Saudi Enaya Cooperative Insurance Company (8311.SR)

Operating Margin as of November 2024 (TTM): 3.69%

According to Saudi Enaya Cooperative Insurance Company's latest financial reports and stock price the company's current Operating Margin is 3.69%. At the end of 2023 the company had an Operating Margin of 7.77%.

Operating Margin history for Saudi Enaya Cooperative Insurance Company from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.77%-466.81%
2022-2.12%-93.21%
2021-31.22%74.89%
2020-17.85%-81.43%
2019-96.12%159.2%
2018-37.09%354.78%
2017-8.15%-78.83%
2016-38.52%-82.29%
2015-217.44%53.58%
2014-141.58%

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.