Mitek Systems
MITK
$12.90
Share price
3.33%
Change (1 day)
42.97%
Change (1 year)
Categories
Operating Margin for Mitek Systems (MITK)
Operating Margin as of May 2024 (TTM): 5.42%
According to Mitek Systems 's latest financial reports and stock price the company's current Operating Margin is 5.42%. At the end of 2021 the company had an Operating Margin of 7.35%.
Operating Margin history for Mitek Systems from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 7.35% | -20.89% |
| 2020 | 9.29% | -296.99% |
| 2019 | -4.71% | -65.72% |
| 2018 | -13.75% | -296.86% |
| 2017 | 6.99% | 23.81% |
| 2016 | 5.64% | -27.82% |
| 2015 | 7.82% | -128.3% |
| 2014 | -27.62% | -43.79% |
| 2013 | -49.14% | -43.03% |
| 2012 | -86.27% | 7125.69% |
| 2011 | -1.19% | -91.01% |
| 2010 | -13.28% | -63.59% |
| 2009 | -36.48% | 155.75% |
| 2008 | -14.26% | 107.45% |
| 2007 | -6.88% | -42.22% |
| 2006 | -11.90% | -23.67% |
| 2005 | -15.59% | -97.9% |
| 2004 | -741.26% | 3363.25% |
| 2003 | -21.40% | -805.7% |
| 2002 | 3.03% | -182.38% |
| 2001 | -3.68% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Fidelity National Information Services FIS | -159.16% | -3,036.53% | 🇺🇸 USA |
 Fiserv FI | 17.37% | 220.48% | 🇺🇸 USA |
 Jack Henry & Associates
JKHY | 24.30% | 348.34% | 🇺🇸 USA |
 SS&C Technologies
SSNC | 23.76% | 338.38% | 🇺🇸 USA |
 FICO FICO | 35.73% | 559.23% | 🇺🇸 USA |
 National Instruments
NATI | 11.84% | 118.45% | 🇺🇸 USA |
 NCR Corporation
NCR | 2.68% | -50.55% | 🇺🇸 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.