Mount Gibson Iron
MGX.AX
#7766
Rank
A$0.38 B
Marketcap
$0.32
Share price
1.59%
Change (1 day)
-42.34%
Change (1 year)

Operating Margin for Mount Gibson Iron (MGX.AX)

Operating Margin at the end of 2023: 6.73%

According to Mount Gibson Iron's latest financial reports and stock price the company's current Operating Margin is 6.72%. At the end of 2023 the company had an Operating Margin of 6.73%.

Operating Margin history for Mount Gibson Iron from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20236.73%-105.04%
2022-133.38%-534.98%
202130.66%15.37%
202026.58%-2.05%
201927.14%-31.45%
201839.59%165.71%
201714.90%-56.02%
201633.88%-111.07%
2015-305.92%-1777.83%
201418.23%19.79%
201315.22%-59.53%
201237.61%-29.01%
201152.98%46.1%
201036.26%184.61%
200912.74%-68.17%
200840.03%47.85%
200727.07%23.03%
200622.01%-28.66%
200530.85%-140.15%
2004-76.84%-95.94%
2003-1,893.57%5892.19%
2002-31.60%16.24%
2001-27.19%

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.