Magnit
MGNT.ME
#1715
Rank
$9.18 B
Marketcap
$88.46
Share price
0.21%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Magnit (MGNT.ME)

Operating Margin at the end of 2021: 3.37%

According to Magnit 's latest financial reports and stock price the company's current Operating Margin is 3.37%. At the end of 2021 the company had an Operating Margin of 3.37%.

Operating Margin history for Magnit from 2005 to 2021

Operating Margin at the end of each year

Year Operating Margin Change
20213.37%22.72%
20202.75%199.03%
20190.92%-73.6%
20183.48%-12.36%
20173.97%-37.91%
20166.40%-14.56%
20157.49%-7.81%
20148.12%2.93%
20137.89%9.59%
20127.20%46.62%
20114.91%-14.83%
20105.77%-12.94%
20096.62%36.47%
20084.85%37.16%
20073.54%8.83%
20063.25%2.55%
20053.17%

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.