Magic Software
MGIC
$11.58
Share price
-0.26%
Change (1 day)
-11.26%
Change (1 year)
Categories
Operating Margin for Magic Software (MGIC)
Operating Margin as of April 2024 (TTM): 10.18%
According to Magic Software's latest financial reports and stock price the company's current Operating Margin is 10.18%. At the end of 2021 the company had an Operating Margin of 9.60%.
Operating Margin history for Magic Software from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 9.60% | -6.28% |
| 2020 | 10.24% | 1.5% |
| 2019 | 10.09% | -12.62% |
| 2018 | 11.55% | 17.21% |
| 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% | 1.08% |
| 2011 | 12.98% | 21.73% |
| 2010 | 10.66% | -5.26% |
| 2009 | 11.26% | -265.24% |
| 2008 | -6.81% | -410.46% |
| 2007 | 2.19% | -141.24% |
| 2006 | -5.32% | -23.85% |
| 2005 | -6.99% | -237.88% |
| 2004 | 5.07% | -12.29% |
| 2003 | 5.78% | -169.09% |
| 2002 | -8.36% | -81.29% |
| 2001 | -44.68% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 42.14% | 313.95% | 🇺🇸 USA |
 Oracle ORCL | 18.02% | 77.01% | 🇺🇸 USA |
 SAP SAP | 17.72% | 74.07% | 🇩🇪 Germany |
 IBM IBM | 3.08% | -69.74% | 🇺🇸 USA |
 Formula Systems
FORTY | 7.65% | -24.85% | 🇮🇱 Israel |
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.