MGP Ingredients
MGPI
#4283
Rank
$1.75 B
Marketcap
$79.56
Share price
-1.19%
Change (1 day)
-18.53%
Change (1 year)

Operating Margin for MGP Ingredients (MGPI)

Operating Margin as of April 2024 (TTM): 17.75%

According to MGP Ingredients's latest financial reports and stock price the company's current Operating Margin is 17.75%. At the end of 2022 the company had an Operating Margin of 18.61%.

Operating Margin history for MGP Ingredients from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202218.61%6.01%
202117.56%28.03%
202013.71%5.3%
201913.02%-2.33%
201813.33%7.97%
201712.35%-6.36%
201613.19%31.53%
201510.03%17.45%
20148.54%-610.79%
2013-1.67%-298.72%
20120.84%-335.08%
2011-0.36%-112.62%
20102.84%-109.9%
2009-28.63%279.37%
2008-7.55%-202.25%
20077.38%6.4%
20066.94%187.92%
20052.41%-57.34%
20045.65%-282.49%
2003-3.10%-158.35%
20025.30%234.23%
20011.59%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.13%-71.10%๐Ÿ‡บ๐Ÿ‡ธ USA
11.19%-36.96%๐Ÿ‡บ๐Ÿ‡ธ USA
8.67%-51.15%๐Ÿ‡บ๐Ÿ‡ธ USA
9.28%-47.72%๐Ÿ‡บ๐Ÿ‡ธ USA
3.07%-82.70%๐Ÿ‡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.