Montrose Environmental
MEG
#6246
Rank
$0.64 B
Marketcap
$18.66
Share price
-8.08%
Change (1 day)
-37.45%
Change (1 year)

Operating Margin for Montrose Environmental (MEG)

Operating Margin as of November 2024 (TTM): -3.05%

According to Montrose Environmental's latest financial reports and stock price the company's current Operating Margin is -3.05%. At the end of 2023 the company had an Operating Margin of -5.10%.

Operating Margin history for Montrose Environmental from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.10%-6.09%
2022-5.43%25.67%
2021-4.32%-75.15%
2020-17.40%52.48%
2019-11.41%0.37%
2018-11.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-42.19% 1,283.28%๐Ÿ‡บ๐Ÿ‡ธ USA
12.47%-508.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.72% 382.62%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.79% 188.20%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12%-366.23%๐Ÿ‡บ๐Ÿ‡ธ USA
41.50%-1,460.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.70%-44.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.49%-18.36%๐Ÿ‡บ๐Ÿ‡ธ USA
1.23%-140.33%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.