MISTRAS Group
MG
#7458
Rank
NZ$0.48 B
Marketcap
$15.67
Share price
2.86%
Change (1 day)
53.76%
Change (1 year)

Operating Margin for MISTRAS Group (MG)

Operating Margin as of November 2024 (TTM): 0.75%

According to MISTRAS Group 's latest financial reports and stock price the company's current Operating Margin is 0.75%. At the end of 2023 the company had an Operating Margin of -2.65%.

Operating Margin history for MISTRAS Group from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.65%-295.68%
20221.35%25.62%
20211.08%-105.59%
2020-19.27%-1481.66%
20191.39%-27.46%
20181.92%-6062.58%
2017-0.03%-100.98%
20163.28%-9.29%
20153.62%-35.75%
20145.63%22.81%
20134.58%-40.45%
20127.70%-2.86%
20117.93%27.04%
20106.24%27.79%
20094.88%-42.04%
20088.42%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.99% 1,898.67%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.24%-1,198.67%๐Ÿ‡บ๐Ÿ‡ธ USA
26.62% 3,449.33%๐Ÿ‡บ๐Ÿ‡ธ USA
5.22% 596.00%๐Ÿ‡บ๐Ÿ‡ธ USA
14.78% 1,870.67%๐Ÿ‡บ๐Ÿ‡ธ USA
2.94% 292.00%๐Ÿ‡บ๐Ÿ‡ธ USA
19.52% 2,502.67%๐Ÿ‡บ๐Ÿ‡ธ USA
9.42% 1,156.00%๐Ÿ‡บ๐Ÿ‡ธ USA
14.03% 1,770.67%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.