Mullen Group
MTL.TO
#5558
Rank
A$1.41 B
Marketcap
$16.09
Share price
1.75%
Change (1 day)
3.61%
Change (1 year)

Operating Margin for Mullen Group (MTL.TO)

Operating Margin as of September 2024 (TTM): 8.48%

According to Mullen Group's latest financial reports and stock price the company's current Operating Margin is 8.48%. At the end of 2023 the company had an Operating Margin of 11.08%.

Operating Margin history for Mullen Group from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.08%-10.07%
202212.32%43.54%
20218.58%-13.87%
20209.96%20.03%
20198.30%-2460.07%
2018-0.35%-103.57%
20179.86%-3.58%
201610.23%55.89%
20156.56%-48.01%
201412.62%-17.49%
201315.30%4.2%
201214.68%3.8%
201114.14%2.02%
201013.86%-8.2%
200915.10%47.17%
200810.26%-45.07%
200718.68%-7.25%
200620.14%5.73%
200519.05%-2.59%
200419.55%15.84%
200316.88%17.76%
200214.33%-23.21%
200118.67%

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.