Montrose Environmental
MEG
$41.30
Share price
5.79%
Change (1 day)
36.48%
Change (1 year)
Operating Margin for Montrose Environmental (MEG)
Operating Margin as of April 2024 (TTM): -4.46%
According to Montrose Environmental's latest financial reports and stock price the company's current Operating Margin is -4.46%. At the end of 2021 the company had an Operating Margin of -4.32%.
Operating Margin history for Montrose Environmental from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -4.32% | -75.15% |
| 2020 | -17.40% | 52.48% |
| 2019 | -11.41% | 0.37% |
| 2018 | -11.37% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Sinclair Broadcast SBGI | 8.78% | -296.86% | 🇺🇸 USA |
 Nexstar Media Group
NXST | 23.35% | -623.54% | 🇺🇸 USA |
 Daily Journal DJCO | -189.87% | 4,157.17% | 🇺🇸 USA |
 New York Times NYT | 10.22% | -329.15% | 🇺🇸 USA |
 E. W. Scripps Company
SSP | 8.19% | -283.63% | 🇺🇸 USA |
 Lee Enterprises
LEE | -1.75% | -60.76% | 🇺🇸 USA |
 Gray Television
GTN | 6.96% | -256.05% | 🇺🇸 USA |
 Gannett GCI | 1.30% | -129.15% | 🇺🇸 USA |
 Entravision Communications
EVC | 3.09% | -169.28% | 🇺🇸 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.