Medicare Group
MCGS.QA
#7167
Rank
C$0.51 B
Marketcap
$1.82
Share price
0.98%
Change (1 day)
-11.40%
Change (1 year)

Operating Margin for Medicare Group (MCGS.QA)

Operating Margin as of November 2024 (TTM): 16.67%

According to Medicare Group's latest financial reports and stock price the company's current Operating Margin is 16.67%. At the end of 2023 the company had an Operating Margin of 13.51%.

Operating Margin history for Medicare Group from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202313.51%-16.86%
202216.25%-0.6%
202116.35%-8.85%
202017.93%12.53%
201915.94%-8.69%
201817.45%2.67%
201717.00%22.37%
201613.89%-54.1%
201530.27%-11.88%
201434.35%60.38%
201321.42%65.77%
201212.92%-3.09%
201113.33%-28.22%
201018.57%-1945.53%
2009-1.01%-106.8%
200814.79%-140.09%
2007-36.90%-168.82%
200653.62%-110.06%
2005-533.11%

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.