MISTRAS Group
MG
$8.75
Share price
-2.13%
Change (1 day)
9.10%
Change (1 year)
Categories
Operating Margin for MISTRAS Group (MG)
Operating Margin as of May 2024 (TTM): 3.26%
According to MISTRAS Group 's latest financial reports and stock price the company's current Operating Margin is 3.26%. At the end of 2021 the company had an Operating Margin of 1.08%.
Operating Margin history for MISTRAS Group from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 1.08% | -105.59% |
| 2020 | -19.27% | -1481.66% |
| 2019 | 1.39% | -27.46% |
| 2018 | 1.92% | -6062.58% |
| 2017 | -0.03% | -100.98% |
| 2016 | 3.28% | -9.29% |
| 2015 | 3.62% | -35.75% |
| 2014 | 5.63% | 22.81% |
| 2013 | 4.58% | -40.45% |
| 2012 | 7.70% | -2.86% |
| 2011 | 7.93% | 27.04% |
| 2010 | 6.24% | 27.79% |
| 2009 | 4.88% | -42.04% |
| 2008 | 8.42% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Corning GLW | 6.76% | 107.36% | 🇺🇸 USA |
 General Dynamics GD | 10.24% | 214.11% | 🇺🇸 USA |
 General Electric GE | -1.37% | -142.02% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | 512.58% | 🇺🇸 USA |
 Chevron CVX | 19.83% | 508.28% | 🇺🇸 USA |
 Honeywell HON | 17.98% | 451.53% | 🇺🇸 USA |
 Dupont De Nemours DD | 11.19% | 243.25% | 🇺🇸 USA |
 Exponent
EXPO | 25.37% | 678.22% | 🇺🇸 USA |
 Team Inc TISI | -19.98% | -712.88% | 🇺🇸 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.