Magic Empire Global (Giraffe Capital)
MEGL
#8455
Rank
$10.78 M
Marketcap
$0.53
Share price
-2.99%
Change (1 day)
-67.13%
Change (1 year)

Operating Margin for Magic Empire Global (Giraffe Capital) (MEGL)

Operating Margin at the end of 2021: 10.26%

According to Magic Empire Global (Giraffe Capital)'s latest financial reports and stock price the company's current Operating Margin is 10.26%. At the end of 2021 the company had an Operating Margin of 10.26%.

Operating Margin history for Magic Empire Global (Giraffe Capital) from 2020 to 2021

Operating Margin at the end of each year

Year Operating Margin Change
202110.26%-56.6%
202023.64%

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.