Magnite
MGNI
#4834
Rank
$1.23 B
Marketcap
$8.80
Share price
-3.30%
Change (1 day)
-1.12%
Change (1 year)

Operating Margin for Magnite (MGNI)

Operating Margin as of April 2024 (TTM): -28.12%

According to Magnite's latest financial reports and stock price the company's current Operating Margin is -28.12%. At the end of 2022 the company had an Operating Margin of -23.50%.

Operating Margin history for Magnite from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-23.50%15.87%
2021-20.28%-14.78%
2020-23.80%37.9%
2019-17.26%-65%
2018-49.30%-51.02%
2017-100.64%1122.06%
2016-8.24%394.42%
2015-1.67%-88.72%
2014-14.77%37.51%
2013-10.74%175.07%
2012-3.90%-90.53%
2011-41.21%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-11.98%-57.40%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA

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.