Mirvac Group
MGR.AX
#2471
Rank
C$8.15 B
Marketcap
$2.07
Share price
0.22%
Change (1 day)
6.31%
Change (1 year)

Operating Margin for Mirvac Group (MGR.AX)

Operating Margin at the end of 2023: -10.09%

According to Mirvac Group's latest financial reports and stock price the company's current Operating Margin is -10.09%. At the end of 2023 the company had an Operating Margin of -10.09%.

Operating Margin history for Mirvac Group from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-10.09%-123.04%
202243.82%-16.59%
202152.53%86.25%
202028.21%-43.06%
201949.54%-9.63%
201854.82%11.48%
201749.18%4.48%
201647.07%24.63%
201537.77%51.27%
201424.97%207.86%
20138.11%-61.81%
201221.23%352.22%
20114.70%-70.88%
201016.12%-122.27%
2009-72.40%-915.03%
20088.88%-73.91%
200734.04%7.12%
200631.78%66.86%
200519.05%-34.45%
200429.06%52%
200319.12%-4.9%
200220.10%-20.81%
200125.38%

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.