Maverix Metals
MMX
$5.00
Share price
2.88%
Change (1 day)
0.81%
Change (1 year)
Categories
Operating Margin for Maverix Metals (MMX)
Operating Margin as of May 2024 (TTM): 62.08%
According to Maverix Metals 's latest financial reports and stock price the company's current Operating Margin is 62.08%. At the end of 2021 the company had an Operating Margin of 62.09%.
Operating Margin history for Maverix Metals from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 62.09% | -0.46% |
| 2020 | 62.37% | -549.87% |
| 2019 | -13.86% | -169.47% |
| 2018 | 19.96% | -5.49% |
| 2017 | 21.12% | -138.88% |
| 2016 | -54.32% |
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.