MYR Group
MYRG
#3954
Rank
โ‚ฌ2.28 B
Marketcap
141,83ย โ‚ฌ
Share price
2.76%
Change (1 day)
26.50%
Change (1 year)

Operating Margin for MYR Group (MYRG)

Operating Margin as of November 2024 (TTM): 3.43%

According to MYR Group's latest financial reports and stock price the company's current Operating Margin is 3.43%. At the end of 2023 the company had an Operating Margin of 3.43%.

Operating Margin history for MYR Group from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.43%-9.63%
20223.80%-18.46%
20214.66%28.56%
20203.62%48.69%
20192.44%-13.41%
20182.81%60.19%
20171.76%-47.68%
20163.36%-19.56%
20154.17%-32.03%
20146.14%1%
20136.08%11.03%
20125.47%47.03%
20113.72%-12.35%
20104.25%0.5%
20094.23%-33.44%
20086.35%-1286.78%
2007-0.54%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.60% 4.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.43%-200.00%๐Ÿ‡บ๐Ÿ‡ธ USA
4.73% 37.90%๐Ÿ‡บ๐Ÿ‡ธ USA
6.99% 103.79%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.68%-119.83%๐Ÿ‡บ๐Ÿ‡ธ USA
8.30% 141.98%๐Ÿ‡บ๐Ÿ‡ธ 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.