Magic Software Enterprises annual gross margin
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2021
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2024
Magic Software Enterprises Gross Margin Growth & History (RMTHF)
Magic Software Enterprises's gross margin was 28.56% for fiscal 2024.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 28.56% | −0.03 pp |
| 2023 | 2023-12-31 | 28.59% | +1.18 pp |
| 2022 | 2022-12-31 | 27.41% | −0.28 pp |
| 2021 | 2021-12-31 | 27.69% | — |
| 2018 | 2018-12-31 | 31.23% | −0.91 pp |
| 2017 | 2017-12-31 | 32.14% | −1.71 pp |
| 2016 | 2016-12-31 | 33.85% | −1.83 pp |
| 2015 | 2015-12-31 | 35.68% | −3.62 pp |
| 2014 | 2014-12-31 | 39.30% | −1.44 pp |
| 2013 | 2013-12-31 | 40.75% | −1.18 pp |
| 2012 | 2012-12-31 | 41.93% | +1.27 pp |
| 2011 | 2011-12-31 | 40.65% | −1.27 pp |
| 2010 | 2010-12-31 | 41.92% | −10.63 pp |
| 2009 | 2009-12-31 | 52.55% | — |
Magic Software Enterprises gross margin trends
Between the periods ended 2009-12-31 and 2024-12-31, Magic Software Enterprises's gross margin decreased from 52.55% to 28.56%, a change of −23.98 percentage points.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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