MiX Telematics
MIXT
$14.55
Share price
2.46%
Change (1 day)
91.45%
Change (1 year)
Categories
Operating Margin for MiX Telematics (MIXT)
Operating Margin as of May 2024 (TTM): 8.94%
According to MiX Telematics's latest financial reports and stock price the company's current Operating Margin is 8.94%. At the end of 2023 the company had an Operating Margin of 8.94%.
Operating Margin history for MiX Telematics from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 8.94% | -4.11% |
| 2022 | 9.33% | -31.31% |
| 2021 | 13.58% | -5% |
| 2020 | 14.29% | -17.02% |
| 2019 | 17.22% | 37.25% |
| 2018 | 12.55% | 30.35% |
| 2017 | 9.63% | -51.27% |
| 2016 | 19.75% | 19% |
| 2015 | 16.60% | -0.5% |
| 2014 | 16.68% | 8.66% |
| 2013 | 15.35% | 8.96% |
| 2012 | 14.09% | 18.14% |
| 2011 | 11.93% | 7.8% |
| 2010 | 11.06% | -2.03% |
| 2009 | 11.29% | -30.82% |
| 2008 | 16.32% | -19.61% |
| 2007 | 20.31% |
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.