Ping An Insurance
601318.SS
#170
Rank
$97.12 B
Marketcap
$5.92
Share price
1.56%
Change (1 day)
-10.96%
Change (1 year)

Operating Margin for Ping An Insurance (601318.SS)

Operating Margin as of July 2024 (TTM): 16.49%

According to Ping An Insurance's latest financial reports and stock price the company's current Operating Margin is 16.49%. At the end of 2022 the company had an Operating Margin of 10.73%.

Operating Margin history for Ping An Insurance from 2007 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202210.73%-18.67%
202113.20%-23.04%
202017.15%-1.96%
201917.49%-5.72%
201818.55%23.58%
201715.01%13.99%
201613.17%-12.08%
201514.98%11.99%
201413.38%5.52%
201312.68%17.93%
201210.75%-10.51%
201112.01%2.16%
201011.76%-12.49%
200913.44%-866.96%
2008-1.75%-116.61%
200710.55%-62.33%
200627.99%-26.84%
200538.26%-16.57%
200445.87%10.58%
200341.48%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.19%-20.01%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-17.77%-207.76%๐Ÿ‡ฌ๐Ÿ‡ง UK
4.82%-70.77%๐Ÿ‡จ๐Ÿ‡ณ China

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.