Magic Software Enterprises Ltd (MGIC)
11.71
-0.10
(-0.85%)
USD |
NASDAQ |
May 01, 16:00
11.75
+0.04
(+0.34%)
After-Hours: 20:00
Magic Software Enterprises Profit Margin (Quarterly): 6.76% for Dec. 31, 2023
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 6.76% |
| September 30, 2023 | 5.52% |
| June 30, 2023 | 8.21% |
| March 31, 2023 | 7.10% |
| December 31, 2022 | 6.50% |
| September 30, 2022 | 8.09% |
| June 30, 2022 | 6.97% |
| March 31, 2022 | 7.00% |
| December 31, 2021 | 5.22% |
| September 30, 2021 | 6.20% |
| June 30, 2021 | 6.53% |
| March 31, 2021 | 7.03% |
| December 31, 2020 | 6.23% |
| September 30, 2020 | 7.47% |
| June 30, 2020 | 6.63% |
| March 31, 2020 | 6.87% |
| December 31, 2019 | 5.63% |
| September 30, 2019 | 5.78% |
| June 30, 2019 | 6.27% |
| March 31, 2019 | 7.46% |
| December 31, 2018 | 6.28% |
| September 30, 2018 | 6.99% |
| June 30, 2018 | 8.14% |
| March 31, 2018 | 6.57% |
| December 31, 2017 | 5.73% |
| Date | Value |
|---|---|
| September 30, 2017 | 5.79% |
| June 30, 2017 | 5.47% |
| March 31, 2017 | 7.02% |
| December 31, 2016 | 4.33% |
| September 30, 2016 | 7.35% |
| June 30, 2016 | 8.63% |
| March 31, 2016 | 8.26% |
| December 31, 2015 | 7.69% |
| September 30, 2015 | 9.16% |
| June 30, 2015 | 9.64% |
| March 31, 2015 | 10.59% |
| December 31, 2014 | 6.91% |
| September 30, 2014 | 10.54% |
| June 30, 2014 | 9.48% |
| March 31, 2014 | 10.98% |
| December 31, 2013 | 11.39% |
| September 30, 2013 | 11.77% |
| June 30, 2013 | 10.02% |
| March 31, 2013 | 10.53% |
| December 31, 2012 | 11.90% |
| September 30, 2012 | 12.63% |
| June 30, 2012 | 12.86% |
| March 31, 2012 | 14.02% |
| December 31, 2011 | 14.32% |
| September 30, 2011 | 13.41% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
5.22%
Minimum
Dec 2021
8.21%
Maximum
Jun 2023
6.63%
Average
6.63%
Median
Jun 2020
Profit Margin (Quarterly) Benchmarks
| Formula Systems (1985) Ltd | 2.45% |
| MIND C.T.I. Ltd | 25.57% |
| Nayax Ltd | -4.94% |
| SatixFy Communications Ltd | -- |
| Silynxcom Ltd | -- |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 13.28% |
| Return on Assets | 7.17% |
| Return on Invested Capital | 10.45% |
| Gross Profit Margin (Quarterly) | 29.44% |
| Operating Margin (Quarterly) | 10.23% |
| Return on Net Operating Assets | 9.24% |