Life Insurance Corporation of India (LIC)
LICI.NS
$10.91
Share price
0.98%
Change (1 day)
59.22%
Change (1 year)
Categories
Operating Margin for Life Insurance Corporation of India (LIC) (LICI.NS)
Operating Margin as of May 2024 (TTM): 5.72%
According to Life Insurance Corporation of India (LIC)'s latest financial reports and stock price the company's current Operating Margin is 5.72%. At the end of 2023 the company had an Operating Margin of 4.53%.
Operating Margin history for Life Insurance Corporation of India (LIC) from 2022 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 4.53% | 695.71% |
| 2022 | 0.57% | -14.69% |
| 2021 | 0.67% | -230.17% |
| 2020 | -0.51% | -476.4% |
| 2019 | 0.14% |
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.