According to Magic Software's latest financial reports and stock price the company's current Operating Margin is 9.58%. At the end of 2023 the company had an Operating Margin of 11.52%.
Year | Operating Margin | Change |
---|---|---|
2023 | 11.52% | 4.66% |
2022 | 11.01% | 7.02% |
2021 | 10.29% | 0.46% |
2020 | 10.24% | 1.54% |
2019 | 10.09% | -12.63% |
2018 | 11.55% | 17.2% |
2017 | 9.85% | -5.91% |
2016 | 10.47% | -10.93% |
2015 | 11.76% | 0.7% |
2014 | 11.67% | -10.97% |
2013 | 13.11% | -0.06% |
2012 | 13.12% | 0.62% |
2011 | 13.04% | 23.69% |
2010 | 10.54% | -3.2% |
2009 | 10.89% | 58.19% |
2008 | 6.88% | 213.76% |
2007 | 2.19% | -125.32% |
2006 | -8.66% | -19.09% |
2005 | -10.71% | -311.34% |
2004 | 5.07% | -12.29% |
2003 | 5.78% | -169.09% |
2002 | -8.36% | -81.29% |
2001 | -44.68% |
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.