MNGA (MNG Havayollari ve Tasimacilik AS) Operating Margin %: 21.51% (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Operating Margin %?

MNG Havayollari ve Tasimacilik AS MNGA Operating Margin % is 21.51% as of Dec. 2022.

Operating Margin % is calculated as Operating Income divided by its Revenue. MNG Havayollari ve Tasimacilik AS's Operating Income for the three months ended in Dec. 2022 was $22.74 Mil. MNG Havayollari ve Tasimacilik AS's Revenue for the three months ended in Dec. 2022 was $105.73 Mil. Therefore, MNG Havayollari ve Tasimacilik AS's Operating Margin % for the quarter that ended in Dec. 2022 was 21.51%.

The historical rank and industry rank for MNG Havayollari ve Tasimacilik AS's Operating Margin % or its related term are showing as below:


MNGA's Operating Margin % is not ranked *
in the Transportation industry.
Industry Median: 7.205
* Ranked among companies with meaningful Operating Margin % only.

MNG Havayollari ve Tasimacilik AS's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

MNG Havayollari ve Tasimacilik AS's Operating Income for the three months ended in Dec. 2022 was $22.74 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was $22.74 Mil.


MNG Havayollari ve Tasimacilik AS  (NYSE:MNGA) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


MNG Havayollari ve Tasimacilik AS Operating Margin % Related Terms


MNG Havayollari ve Tasimacilik AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for MNG Havayollari ve Tasimacilik AS's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MNG Havayollari ve Tasimacilik AS Operating Margin % Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Operating Margin %
30.89 26.40 19.55

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Operating Margin % 0.00 31.28 0.00 21.51

MNGA vs : Operating Margin % Comparison

For the Integrated Freight & Logistics subindustry, MNG Havayollari ve Tasimacilik AS's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MNG Havayollari ve Tasimacilik AS Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, MNG Havayollari ve Tasimacilik AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where MNG Havayollari ve Tasimacilik AS's Operating Margin % falls into.



MNG Havayollari ve Tasimacilik AS Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

MNG Havayollari ve Tasimacilik AS's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=70.234 / 359.302
=19.55 %

MNG Havayollari ve Tasimacilik AS's Operating Margin % for the quarter that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=22.743 / 105.729
=21.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 21.51% mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Operating Margin % of 21.51% as of Dec. 2022. Operating margin is the ratio of total operating income to net sales. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Operating Margin % too high?
MNG Havayollari ve Tasimacilik AS's current Operating Margin % is 21.51%. The Transportation industry median Operating Margin % is 7.21. MNG Havayollari ve Tasimacilik AS's value of 21.51% is 198.5% above this industry median.
How does MNG Havayollari ve Tasimacilik AS's Operating Margin % compare to ?
MNG Havayollari ve Tasimacilik AS's Operating Margin % of 21.51% can be compared against companies in the Transportation industry. The industry median Operating Margin % is 7.21. MNG Havayollari ve Tasimacilik AS's value of 21.51% is 198.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Transportation company?
The median Operating Margin % among Transportation companies is 7.21, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MNG Havayollari ve Tasimacilik AS's current Operating Margin % of 21.51% is 198.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors. For the Transportation industry, the median Operating Margin % is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MNG Havayollari ve Tasimacilik AS's current Operating Margin % is 21.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Operating Margin % of 21.51%. The current Operating Margin % is 21.51% and 198.5% above the Transportation industry median of 7.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For MNG Havayollari ve Tasimacilik AS (MNGA), the current Operating Margin % is 21.51% as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.