Magna International
MGA
#1212
Rank
$14.41 B
Marketcap
$49.84
Share price
-2.81%
Change (1 day)
-8.30%
Change (1 year)

Operating Margin for Magna International (MGA)

Operating Margin as of April 2024 (TTM): 2.32%

According to Magna International's latest financial reports and stock price the company's current Operating Margin is 2.32%. At the end of 2022 the company had an Operating Margin of 2.32%.

Operating Margin history for Magna International from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20222.32%-56.83%
20215.37%74.43%
20203.08%-45.34%
20195.64%-22%
20187.23%-6.13%
20177.70%0.95%
20167.63%-7.54%
20158.25%19.06%
20146.93%26.71%
20135.47%-3.64%
20125.68%34.05%
20114.23%-14.76%
20104.97%-268.79%
2009-2.94%-312.64%
20081.38%-68.69%
20074.42%34.93%
20063.28%-19.75%
20054.08%-27.08%
20045.60%-10.72%
20036.27%-12.37%
20027.15%-14.07%
20018.33%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.06% 247.41%๐Ÿ‡บ๐Ÿ‡ธ USA
6.75% 190.95%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
-1.90%-181.90%๐Ÿ‡บ๐Ÿ‡ธ USA
5.00% 115.52%๐Ÿ‡บ๐Ÿ‡ธ USA
4.05% 74.57%๐Ÿ‡บ๐Ÿ‡ธ USA
3.39% 46.12%๐Ÿ‡บ๐Ÿ‡ธ USA
0.49%-78.88%๐Ÿ‡บ๐Ÿ‡ธ USA
6.52% 181.03%๐Ÿ‡ธ๐Ÿ‡ช Sweden

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.