MingZhu Logistics Holdings Operating Margin Growth & History (YGMZF)

MingZhu Logistics Holdings's operating margin was −9.98% for fiscal 2024.

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MingZhu Logistics Holdings annual operating margin history

MingZhu Logistics Holdings annual operating margin

Fiscal yearPeriod endedOperating marginChange (percentage points)
20242024-12-31−9.98%−10.93 pp
20232023-12-310.95%+1.11 pp
20222022-12-31−0.16%+2.65 pp
20212021-12-31−2.81%−10.32 pp
20202020-12-317.51%−1.58 pp
20192019-12-319.10%−5.50 pp
20182018-12-3114.59%

MingZhu Logistics Holdings operating margin trends

Over the last five reported fiscal years, MingZhu Logistics Holdings's operating margin decreased from 9.10% to −9.98%, a change of −19.07 percentage points.

About the metric

What operating margin means

Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.

Calculation and source

How operating margin is calculated

TickerStat calculates operating margin as SEC-reported operating income 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.

Review MingZhu Logistics Holdings filings at SEC.gov ↗