Magic Software
MGIC
#6536
Rank
S$0.73 B
Marketcap
$14.92
Share price
1.79%
Change (1 day)
29.08%
Change (1 year)

Operating Margin for Magic Software (MGIC)

Operating Margin as of November 2024 (TTM): 9.43%

According to Magic Software's latest financial reports and stock price the company's current Operating Margin is 9.43%. At the end of 2022 the company had an Operating Margin of 11.01%.

Operating Margin history for Magic Software from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202211.01%7.02%
202110.29%0.46%
202010.24%1.54%
201910.09%-12.63%
201811.55%17.2%
20179.85%-5.91%
201610.47%-10.93%
201511.76%0.7%
201411.67%-10.97%
201313.11%-0.06%
201213.12%0.62%
201113.04%23.69%
201010.54%-3.2%
200910.89%58.19%
20086.88%213.76%
20072.19%-125.32%
2006-8.66%-19.09%
2005-10.71%-311.34%
20045.07%-12.29%
20035.78%-169.09%
2002-8.36%-81.29%
2001-44.68%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.97% 5.73%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
18.26% 93.64%๐Ÿ‡บ๐Ÿ‡ธ USA
43.57% 362.04%๐Ÿ‡บ๐Ÿ‡ธ USA
9.98% 5.83%๐Ÿ‡บ๐Ÿ‡ธ USA
16.00% 69.67%๐Ÿ‡ฉ๐Ÿ‡ช Germany

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.