Corebridge Financial
CRBG
$29.68
Share price
2.31%
Change (1 day)
78.37%
Change (1 year)
Operating Margin for Corebridge Financial (CRBG)
Operating Margin as of May 2024 (TTM): 15.12%
According to Corebridge Financial's latest financial reports and stock price the company's current Operating Margin is 15.12%. At the end of 2022 the company had an Operating Margin of 39.21%.
Operating Margin history for Corebridge Financial from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 39.21% | -9.45% |
| 2021 | 43.30% | 666.31% |
| 2020 | 5.65% | 436.95% |
| 2019 | 1.05% |
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.