MCAN Mortgage Corporation
MKP.TO
#6563
Rank
NZ$0.91 B
Marketcap
$23.90
Share price
1.29%
Change (1 day)
29.21%
Change (1 year)

Operating Margin for MCAN Mortgage Corporation (MKP.TO)

Operating Margin as of November 2024 (TTM): 63.52%

According to MCAN Mortgage Corporation's latest financial reports and stock price the company's current Operating Margin is 63.52%. At the end of 2023 the company had an Operating Margin of 63.53%.

Operating Margin history for MCAN Mortgage Corporation from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202363.53%2.03%
202262.27%-6.06%
202166.29%9.4%
202060.59%-12.65%
201969.36%-50.79%
2018140.94%108.8%
201767.50%-2.17%
201669.00%-55.69%
2015155.71%-1.1%
2014157.44%1.97%
2013154.40%-28.82%
2012216.92%186.04%
201175.83%79.36%
201042.28%-45.78%
200977.98%-12.49%
200889.11%-92.07%
20071,123.79%1152.22%
200689.74%0.76%
200589.07%25.55%
200470.94%253.57%
200320.06%-82.76%
2002116.39%-6.58%
2001124.59%

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.