Mirvac Group
MGR.AX
#2035
Rank
$6.58 B
Marketcap
$1.67
Share price
-0.62%
Change (1 day)
-7.73%
Change (1 year)

Operating Margin for Mirvac Group (MGR.AX)

Operating Margin at the end of 2022: 43.82%

According to Mirvac Group's latest financial reports and stock price the company's current Operating Margin is 43.81%. At the end of 2022 the company had an Operating Margin of 43.82%.

Operating Margin history for Mirvac Group from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202243.82%-16.59%
202152.53%86.25%
202028.21%-43.06%
201949.54%-9.63%
201854.82%11.48%
201749.18%4.48%
201647.07%24.63%
201537.77%51.27%
201424.97%207.86%
20138.11%-61.81%
201221.23%352.22%
20114.70%-70.88%
201016.12%-122.27%
2009-72.40%-915.03%
20088.88%-73.91%
200734.04%7.12%
200631.78%66.86%
200519.05%-34.45%
200429.06%52%
200319.12%-4.9%
200220.10%-20.81%
200125.38%

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.