Martinrea International
MRE.TO
#6576
Rank
NZ$0.92 B
Marketcap
$12.52
Share price
2.61%
Change (1 day)
-14.79%
Change (1 year)

Operating Margin for Martinrea International (MRE.TO)

Operating Margin as of November 2024 (TTM): 3.69%

According to Martinrea International's latest financial reports and stock price the company's current Operating Margin is 3.69%. At the end of 2023 the company had an Operating Margin of 3.69%.

Operating Margin history for Martinrea International from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.69%0.92%
20223.66%192.9%
20211.25%-375.35%
2020-0.45%-107.79%
20195.82%-13.56%
20186.74%8.48%
20176.21%84.87%
20163.36%-8.13%
20153.66%18.32%
20143.09%11.54%
20132.77%61.15%
20121.72%-49.82%
20113.43%-12.48%
20103.92%-222.24%
2009-3.20%-81.76%
2008-17.56%-503.69%
20074.35%-36.28%
20066.83%38.35%
20054.93%62.93%
20043.03%-24.94%
20034.03%1046.61%
20020.35%-100.87%
2001-40.35%

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.