Magic Software Enterprises Ltd (MGIC)
11.01
+0.02
(+0.18%)
USD |
NASDAQ |
Nov 05, 16:00
11.01
0.00 (0.00%)
After-Hours: 18:49
Magic Software Enterprises Gross Profit Margin (Quarterly): 28.51% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 28.51% |
| March 31, 2024 | 28.07% |
| December 31, 2023 | 29.44% |
| September 30, 2023 | 28.45% |
| June 30, 2023 | 29.30% |
| March 31, 2023 | 27.30% |
| December 31, 2022 | 28.42% |
| September 30, 2022 | 27.34% |
| June 30, 2022 | 26.71% |
| March 31, 2022 | 27.09% |
| December 31, 2021 | 28.10% |
| September 30, 2021 | 26.99% |
| June 30, 2021 | 27.53% |
| March 31, 2021 | 28.14% |
| December 31, 2020 | 29.53% |
| September 30, 2020 | 30.66% |
| June 30, 2020 | 28.66% |
| March 31, 2020 | 29.57% |
| December 31, 2019 | 30.65% |
| September 30, 2019 | 31.90% |
| June 30, 2019 | 31.90% |
| March 31, 2019 | 31.05% |
| December 31, 2018 | 30.56% |
| September 30, 2018 | 29.82% |
| June 30, 2018 | 31.34% |
| Date | Value |
|---|---|
| March 31, 2018 | 33.29% |
| December 31, 2017 | 31.98% |
| September 30, 2017 | 32.49% |
| June 30, 2017 | 31.71% |
| March 31, 2017 | 32.42% |
| December 31, 2016 | 32.40% |
| September 30, 2016 | 34.42% |
| June 30, 2016 | 34.23% |
| March 31, 2016 | 34.57% |
| December 31, 2015 | 35.32% |
| September 30, 2015 | 34.16% |
| June 30, 2015 | 35.29% |
| March 31, 2015 | 38.23% |
| December 31, 2014 | 40.10% |
| September 30, 2014 | 37.85% |
| June 30, 2014 | 38.56% |
| March 31, 2014 | 40.64% |
| December 31, 2013 | 41.00% |
| September 30, 2013 | 41.75% |
| June 30, 2013 | 39.68% |
| March 31, 2013 | 40.47% |
| December 31, 2012 | 41.81% |
| September 30, 2012 | 39.89% |
| June 30, 2012 | 42.56% |
| March 31, 2012 | 43.69% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
26.71%
Minimum
Jun 2022
30.66%
Maximum
Sep 2020
28.45%
Average
28.42%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| Formula Systems (1985) Ltd | 24.93% |
| MIND C.T.I. Ltd | 53.09% |
| Nayax Ltd | 44.29% |
| SatixFy Communications Ltd | 70.18% |
| Silynxcom Ltd | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 11.66% |
| Return on Assets | 6.41% |
| Return on Invested Capital | 9.11% |
| Profit Margin (Quarterly) | 6.69% |
| Operating Margin (Quarterly) | 11.13% |
| Return on Net Operating Assets | 8.46% |