IGM Financial
IGM.TO
#2288
Rank
$6.44 B
Marketcap
$26.86
Share price
-1.11%
Change (1 day)
-7.25%
Change (1 year)

Operating Margin for IGM Financial (IGM.TO)

Operating Margin as of May 2024 (TTM): 39.58%

According to IGM Financial's latest financial reports and stock price the company's current Operating Margin is 39.58%. At the end of 2022 the company had an Operating Margin of 32.50%.

Operating Margin history for IGM Financial from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202232.50%-8.03%
202135.33%15.32%
202030.64%-1.08%
201930.97%-2.65%
201831.82%24.02%
201725.66%-20.33%
201632.20%-5.19%
201533.97%-0.36%
201434.09%-9.82%
201337.80%-1.62%
201238.42%-7.92%
201141.73%4.11%
201040.08%13.21%
200935.40%-7.42%
200838.24%-13.01%
200743.96%-0.17%
200644.03%2.05%
200543.15%-0%
200443.15%-9.4%
200347.63%7.1%
200244.47%44.65%
200130.74%

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.