Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 5.94% is 31% below its 5-year average of 8.59%, around the middle of its 5-year range (-7.20%–25.81%).
11.75% below its 12-month average of 6.73%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 8.40%.
OPERATING MARGIN
5.94%
OPERATING MARGIN AVG TTM
6.73%
OPERATING MARGIN AVG 3Y
8.14%
OPERATING MARGIN AVG 5Y
8.59%
OPERATING MARGIN AVG 10Y
10.70%
OPERATING MARGIN AVG 15Y
10.71%
OPERATING MARGIN AVG 20Y
11.83%
CURRENT VS TTM AVG
-11.75%
CURRENT VS 3Y AVG
-27.07%
CURRENT VS 5Y AVG
-30.86%
CURRENT VS 10Y AVG
-44.51%
CURRENT VS 15Y AVG
-44.52%
CURRENT VS 20Y AVG
-49.80%
SECTOR MEDIAN · FINANCIAL SERVICES
16.11%
median of 689 covered companies
CURRENT VS SECTOR MEDIAN
-63.13%
vs the sector median at left
Safety Insurance Group, Inc.
Market Cap
$1.52B
Operating Margin
5.94%
TTM Avg
6.73%
3Y Avg
8.14%
5Y Avg
8.59%
Market Cap
$1.54B
Operating Margin
18.07%
TTM Avg
18.51%
3Y Avg
26.12%
5Y Avg
31.29%
Market Cap
$1.56B
Operating Margin
26.21%
TTM Avg
32.61%
3Y Avg
31.26%
5Y Avg
29.92%
Market Cap
$1.56B
Operating Margin
-56.74%
TTM Avg
26.01%
3Y Avg
-306.25%
5Y Avg
-206.83%
Market Cap
$1.57B
Operating Margin
2.84%
TTM Avg
-1.27%
3Y Avg
-6.96%
5Y Avg
-3.72%
Market Cap
$1.47B
Operating Margin
76.87%
TTM Avg
62.67%
3Y Avg
56.33%
5Y Avg
57.90%
Market Cap
$1.45B
Operating Margin
31.81%
TTM Avg
27.88%
3Y Avg
32.07%
5Y Avg
37.20%
Market Cap
$1.43B
Operating Margin
31.03%
TTM Avg
32.09%
3Y Avg
33.68%
5Y Avg
32.71%
Market Cap
$1.63B
Operating Margin
17.73%
TTM Avg
26.41%
3Y Avg
31.96%
5Y Avg
34.24%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Safety Insurance Group, Inc. (SAFT) | $1.52B | 5.94% | 6.73% | 8.14% | 8.59% |
| ConnectOne Bancorp, Inc. (CNOB)vs › | $1.54B | 18.07% | 18.51% | 26.12% | 31.29% |
| Pathward Financial, Inc. (CASH)vs › | $1.56B | 26.21% | 32.61% | 31.26% | 29.92% |
| Nuveen California Quality Municipal Income Fund (NAC)vs › | $1.56B | -56.74% | 26.01% | -306.25% | -206.83% |
| Perella Weinberg Partners (PWP)vs › | $1.57B | 2.84% | -1.27% | -6.96% | -3.72% |
| Capital Southwest Corporation (CSWC)vs › | $1.47B | 76.87% | 62.67% | 56.33% | 57.90% |
| Lakeland Financial Corporation (LKFN)vs › | $1.45B | 31.81% | 27.88% | 32.07% | 37.20% |
| Amalgamated Financial Corp. (AMAL)vs › | $1.43B | 31.03% | 32.09% | 33.68% | 32.71% |
| Atlanticus Holdings Corporation (ATLCP)vs › | $1.63B | 17.73% | 26.41% | 31.96% | 34.24% |
| Republic Bancorp, Inc. (RBCAA)vs › | $1.64B | 33.65% | 28.67% | 30.29% | 31.29% |
Operating Margin
5.9%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 8.40% |
| 2026-03-31 | -5.67% |
| 2025-12-31 | 8.06% |
| 2025-09-30 | 11.20% |
| 2025-06-30 | 11.66% |
| 2025-03-31 | 9.42% |
| 2024-12-31 | 3.55% |
| 2024-09-30 | 11.30% |
| 2024-06-30 | 7.94% |
| 2024-03-31 | 9.60% |
| 2023-12-31 | 6.12% |
| 2023-09-30 | 1.09% |
| 2023-06-30 | 9.38% |
| 2023-03-31 | -7.20% |
| 2022-12-31 | 5.40% |
| 2022-09-30 | 4.06% |
| 2022-06-30 | 5.57% |
| 2022-03-31 | 5.26% |
| 2021-12-31 | 18.41% |
| 2021-09-30 | 18.20% |
| 2021-06-30 | 25.81% |
| 2021-03-31 | 20.82% |
| 2020-12-31 | 20.81% |
| 2020-09-30 | 26.03% |
| 2020-06-30 | 25.17% |
| 2020-03-31 | -6.79% |
| 2019-12-31 | 5.82% |
| 2019-09-30 | 14.27% |
| 2019-06-30 | 22.67% |
| 2019-03-31 | 14.52% |
| 2018-12-31 | -0.77% |
| 2018-09-30 | 20.97% |
| 2018-06-30 | 23.83% |
| 2018-03-31 | 4.52% |
| 2017-12-31 | -5.49% |
| 2017-09-30 | 15.68% |
| 2017-06-30 | 22.41% |
| 2017-03-31 | 8.65% |
| 2016-12-31 | -2.86% |
| 2016-09-30 | 18.18% |
| 2016-06-30 | 22.87% |
| 2016-03-31 | 8.98% |
| 2015-12-31 | -4.17% |
| 2015-09-30 | 12.65% |
| 2015-06-30 | 9.18% |
| 2015-03-31 | -29.73% |
| 2014-12-31 | -4.64% |
| 2014-09-30 | 14.88% |
| 2014-06-30 | 24.26% |
| 2014-03-31 | 13.34% |
| 2013-12-31 | 15.78% |
| 2013-09-30 | 16.06% |
| 2013-06-30 | 22.44% |
| 2013-03-31 | 16.38% |
| 2012-12-31 | 6.97% |
| 2012-09-30 | 11.83% |
| 2012-06-30 | 13.73% |
| 2012-03-31 | 13.97% |
| 2011-12-31 | 1.82% |
| 2011-09-30 | 6.55% |
| 2011-06-30 | 3.45% |
| 2011-03-31 | -3.45% |
| 2010-12-31 | 11.42% |
| 2010-09-30 | 14.07% |
| 2010-06-30 | 14.10% |
| 2010-03-31 | 11.99% |
| 2009-12-31 | 9.82% |
| 2009-09-30 | 16.16% |
| 2009-06-30 | 13.91% |
| 2009-03-31 | 10.41% |
| 2008-12-31 | 10.98% |
| 2008-09-30 | 16.39% |
| 2008-06-30 | 17.73% |
| 2008-03-31 | 15.86% |
| 2007-12-31 | 14.63% |
| 2007-09-30 | 19.40% |
| 2007-06-30 | 19.42% |
| 2007-03-31 | 20.99% |
| 2006-12-31 | 20.04% |
| 2006-09-30 | 24.91% |
| 2006-06-30 | 25.50% |
| 2006-03-31 | 26.19% |
| 2005-12-31 | 24.08% |
| 2005-09-30 | 25.35% |
| 2005-06-30 | 20.30% |
| 2005-03-31 | 12.64% |
| 2004-12-31 | 12.05% |
| 2004-09-30 | 13.34% |
| 2004-06-30 | 9.50% |
| 2004-03-31 | 6.17% |
| 2003-12-31 | 5.50% |
| 2003-09-30 | 6.07% |
| 2003-06-30 | 12.11% |
| 2003-03-31 | 2.68% |
| 2002-12-31 | 0.13% |
| 2002-09-30 | 3.55% |
