According to Enact Holdings's latest financial reports and stock price the company's current Operating Margin is 82.69%. At the end of 2022 the company had an Operating Margin of 82.03%.
Year | Operating Margin | Change |
---|---|---|
2022 | 82.03% | 32.17% |
2021 | 62.06% | 45.36% |
2020 | 42.70% | -41.81% |
2019 | 73.37% |
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.