The Gross Margin of Magic Software Enterprises Ltd (MGIC) is 28.59%.
Gross Margin represents the percentage of revenue that exceeds the cost of goods sold. It reflects a company's efficiency in producing and selling its products.
| Date | Value |
|---|---|
| 2023-12-31 | 28.59% |
| 2022-12-31 | 27.42% |
| 2021-12-31 | 27.69% |
| 2020-12-31 | 29.53% |
| 2019-12-31 | 31.36% |
| 2018-12-31 | 31.22% |
| 2017-12-31 | 32.12% |
| 2016-12-31 | 33.83% |
| 2015-12-31 | 35.68% |
| 2014-12-31 | 39.32% |