Mister Car Wash
MCW
#4197
Rank
โ‚น176.57 B
Marketcap
โ‚น548.67
Share price
-1.36%
Change (1 day)
13.79%
Change (1 year)

Operating Margin for Mister Car Wash (MCW)

Operating Margin as of September 2024 (TTM): 10.58%

According to Mister Car Wash's latest financial reports and stock price the company's current Operating Margin is 10.58%. At the end of 2023 the company had an Operating Margin of 11.11%.

Operating Margin history for Mister Car Wash from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.11%-33.19%
202216.64%-367.66%
2021-6.22%-146.31%
202013.42%-5024.12%
2019-0.27%

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.