Magic Empire Global (Giraffe Capital)
MEGL
$0.62
Share price
-4.37%
Change (1 day)
-73.04%
Change (1 year)
Categories
Operating Margin for Magic Empire Global (Giraffe Capital) (MEGL)
Operating Margin at the end of 2021: 10.26%
According to Magic Empire Global (Giraffe Capital)'s latest financial reports and stock price the company's current Operating Margin is 10.26%. At the end of 2021 the company had an Operating Margin of 10.26%.
Operating Margin history for Magic Empire Global (Giraffe Capital) from 2020 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 10.26% | -56.6% |
| 2020 | 23.64% |
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.