MYT Netherlands Parent (Mytheresa)
MYTE
$3.85
Share price
6.06%
Change (1 day)
-45.00%
Change (1 year)
Operating Margin for MYT Netherlands Parent (Mytheresa) (MYTE)
Operating Margin as of April 2024 (TTM): 0.18%
According to MYT Netherlands Parent (Mytheresa)'s latest financial reports and stock price the company's current Operating Margin is 0.18%. At the end of 2022 the company had an Operating Margin of 0.56%.
Operating Margin history for MYT Netherlands Parent (Mytheresa) from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 0.56% | -119.94% |
| 2021 | -2.79% | -228.03% |
| 2020 | 2.18% | 62.23% |
| 2019 | 1.34% | -54.57% |
| 2018 | 2.96% |
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.