According to Palomar Holdings's latest financial reports and stock price the company's current Operating Margin is 23.05%. At the end of 2021 the company had an Operating Margin of 23.06%.
Year | Operating Margin | Change |
---|---|---|
2021 | 23.06% | 524.23% |
2020 | 3.69% | -76.85% |
2019 | 15.96% | -36.07% |
2018 | 24.96% | 201.18% |
2017 | 8.29% | -43.63% |
2016 | 14.70% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
ProAssurance PRA | -0.56% | -102.43% | ๐บ๐ธ USA |
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.