According to Magnit 's latest financial reports and stock price the company's current Operating Margin is 1.82%. At the end of 2022 the company had an Operating Margin of 1.82%.
Year | Operating Margin | Change |
---|---|---|
2022 | 1.82% | -45.98% |
2021 | 3.37% | 22.75% |
2020 | 2.75% | 199.03% |
2019 | 0.92% | -63.27% |
2018 | 2.50% | -37.02% |
2017 | 3.97% | -37.91% |
2016 | 6.40% | -14.56% |
2015 | 7.49% | -7.81% |
2014 | 8.12% | 2.93% |
2013 | 7.89% | 9.59% |
2012 | 7.20% | 46.62% |
2011 | 4.91% | -14.83% |
2010 | 5.77% | -12.94% |
2009 | 6.62% | 36.47% |
2008 | 4.85% | 37.16% |
2007 | 3.54% | 8.83% |
2006 | 3.25% | 2.55% |
2005 | 3.17% |
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.