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Magic Software Enterprises Ltd
NASDAQ:MGIC

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Magic Software Enterprises Ltd Logo
Magic Software Enterprises Ltd
NASDAQ:MGIC
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Price: 12.855 USD 3.09%
Updated: May 15, 2024

Gross Margin
Magic Software Enterprises Ltd

28.6%
Current
28%
Average
46.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
28.6%
=
Gross Profit
153m
/
Revenue
535.1m

Gross Margin Across Competitors

Country IL
Market Cap 627.9m USD
Gross Margin
29%
Country US
Market Cap 789.1B USD
Gross Margin
62%
Country US
Market Cap 670.7B USD
Gross Margin
61%
Country US
Market Cap 278.1B USD
Gross Margin
76%
Country DE
Market Cap 205.5B EUR
Gross Margin
73%
Country US
Market Cap 220.5B USD
Gross Margin
88%
Country US
Market Cap 183.2B USD
Gross Margin
78%
Country US
Market Cap 88.5B USD
Gross Margin
79%
Country US
Market Cap 79.5B USD
Gross Margin
89%
Country US
Market Cap 66.4B USD
Gross Margin
76%
Country CA
Market Cap 77.2B CAD
Gross Margin
98%

Profitability Report

View the profitability report to see the full profitability analysis for Magic Software Enterprises Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
28.6%
=
Gross Profit
153m
/
Revenue
535.1m
What is the Gross Margin of Magic Software Enterprises Ltd?

Based on Magic Software Enterprises Ltd's most recent financial statements, the company has Gross Margin of 28.6%.