Melcor Developments
MRD.TO
#7489
Rank
$0.28 B
Marketcap
$9.41
Share price
-0.08%
Change (1 day)
9.23%
Change (1 year)

Operating Margin for Melcor Developments (MRD.TO)

Operating Margin as of November 2024 (TTM): 27.18%

According to Melcor Developments's latest financial reports and stock price the company's current Operating Margin is 27.18%. At the end of 2023 the company had an Operating Margin of 24.04%.

Operating Margin history for Melcor Developments from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202324.04%-48.31%
202246.50%86.05%
202124.99%329.32%
20205.82%-71.5%
201920.43%-34.36%
201831.13%49.56%
201720.81%-11.43%
201623.50%-38.45%
201538.18%-2.96%
201439.34%-0.29%
201339.46%-19.28%
201248.88%4.72%
201146.68%19.66%
201039.01%70.82%
200922.84%-51.96%
200847.54%10.15%
200743.16%6.25%
200640.62%5.87%
200538.37%19.66%
200432.06%-6.69%
200334.36%5.35%
200232.62%8.46%
200130.07%

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.