Magic Software Enterprises (XTAE:MGIC) EBITDA Margin % : 14.86% (As of Mar. 2024)

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What is Magic Software Enterprises EBITDA Margin %?

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Magic Software Enterprises's EBITDA for the three months ended in Mar. 2024 was ₪73 Mil. Magic Software Enterprises's Revenue for the three months ended in Mar. 2024 was ₪492 Mil. Therefore, Magic Software Enterprises's EBITDA margin for the quarter that ended in Mar. 2024 was 14.86%.

Magic Software Enterprises EBITDA Margin % Historical Data

The historical data trend for Magic Software Enterprises's EBITDA 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.

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Magic Software Enterprises EBITDA Margin % Chart

Magic Software Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBITDA Margin %

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14.39

14.00

14.42

14.50

15.37

Magic Software Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBITDA Margin %	Get a 7-Day Free Trial															14.23	14.72	14.50	18.26	14.86

Competitive Comparison of Magic Software Enterprises's EBITDA Margin %

For the Information Technology Services subindustry, Magic Software Enterprises's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.

Magic Software Enterprises's EBITDA Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Magic Software Enterprises's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Magic Software Enterprises's EBITDA Margin % falls into.

Magic Software Enterprises EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Magic Software Enterprises's EBITDA Margin % for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA Margin %	=	EBITDA (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	309.37	/	2013.342
	=	15.37 %

Magic Software Enterprises's EBITDA Margin % for the quarter that ended in Mar. 2024 is calculated as

EBITDA Margin %	=	EBITDA (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	73.109	/	491.885
	=	14.86 %

Magic Software Enterprises (XTAE:MGIC) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.

Magic Software Enterprises EBITDA Margin % Related Terms

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Magic Software Enterprises (XTAE:MGIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (XTAE:MGIC) » Definitions » EBITDA Margin %

Comparable Companies

Traded in Other Exchanges

MGIC:USA MGK:Germany

Address

Yahadut Canada 1 Street, Or Yehuda, Or Yehuda, ISR, 6037501

Website

https://www.magicsoftware.com

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.