Mirvac Group
MGR.AX
#2579
Rank
ยฃ4.03 B
Marketcap
ยฃ1.02
Share price
1.70%
Change (1 day)
-9.22%
Change (1 year)

Operating Margin for Mirvac Group (MGR.AX)

Operating Margin at the end of 2024: -26.44%

According to Mirvac Group's latest financial reports and stock price the company's current Operating Margin is -26.44%. At the end of 2024 the company had an Operating Margin of -26.44%.

Operating Margin history for Mirvac Group from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-26.44%161.94%
2023-10.09%-123.04%
202243.82%-16.59%
202152.53%86.25%
202028.21%-43.06%
201949.54%-9.63%
201854.82%11.48%
201749.18%4.48%
201647.07%24.63%
201537.77%51.27%
201424.97%207.86%
20138.11%-61.81%
201221.23%352.22%
20114.70%-70.88%
201016.12%-122.27%
2009-72.40%-915.03%
20088.88%-73.91%
200734.04%7.12%
200631.78%66.86%
200519.05%-34.45%
200429.06%52%
200319.12%-4.9%
200220.10%-20.81%
200125.38%

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.