Magazine Luíza
MGLU3.SA
Operating Margin for Magazine Luíza (MGLU3.SA)
Operating Margin as of April 2024 (TTM): -4.08%
According to Magazine Luíza 's latest financial reports and stock price the company's current Operating Margin is -4.08%. At the end of 2022 the company had an Operating Margin of -0.20%.
Operating Margin history for Magazine Luíza from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -0.20% | -138.92% |
| 2021 | 0.51% | -76.84% |
| 2020 | 2.19% | -69.42% |
| 2019 | 7.18% | 33.64% |
| 2018 | 5.37% | -4.78% |
| 2017 | 5.64% | 53.24% |
| 2016 | 3.68% | 185.59% |
| 2015 | 1.29% | -60% |
| 2014 | 3.22% | -1.38% |
| 2013 | 3.27% | 177.41% |
| 2012 | 1.18% | -71.52% |
| 2011 | 4.13% | -11.12% |
| 2010 | 4.65% | -541.48% |
| 2009 | -1.05% | 186.45% |
| 2008 | -0.37% |
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.