Manchester United (MANU) Operating Margin (2011 - 2026)
Manchester United (MANU) reported Operating Margin of 2.69% for Q1 2026, up 225.0% year-over-year from 0.83% in Q1 2025, and down 73.77% quarter-over-quarter from 10.27% in Q4 2025.
Manchester United (MANU) Operating Margin (2011 - 2026) Analysis & Trends
Manchester United (MANU) has 16 years of Operating Margin data on file, last reported at 2.69% in Q1 2026.
- Operating Margin for Q1 2026 came in at 2.69%, up 225.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.29% (up 878.0% YoY), and the FY2025 annual result was 2.77%, up 772.0% from the prior year.
- Operating Margin slipped to 2.69% in Q1 2026 per MANU's latest filing, from 10.27% in the prior quarter.
- Over five years, Operating Margin peaked at 12.18% in Q4 2023 and troughed at 51.35% in Q2 2022.
- A 5-year average of 7.08% and a median of 1.71% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin surged 5119 bps in 2023, then plunged 4571 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 1.71% in 2022, then soared by 813 bps to 12.18% in 2023, then sank by 87 bps to 1.53% in 2024, then jumped by 570 bps to 10.27% in 2025, then plunged by 74 bps to 2.69% in 2026.
- Business Quant data shows MANU's Operating Margin at 2.69% in Q1 2026, 10.27% in Q4 2025, and 9.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 32.30% |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 9.16% |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -27.76% |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -9.77% |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 9.00% |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | - |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 4.15% |
| 9 | News | 15.92 Bn | 14.45 Bn | - | - |
| 10 | Manchester United | 1.69 Mn | -114.55 Mn | - | 2.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.69% |
| Dec 31, 2025 | 10.27% |
| Sep 30, 2025 | 9.26% |
| Jun 30, 2025 | -9.27% |
| Mar 31, 2025 | 0.44% |
| Dec 31, 2024 | 1.53% |
| Sep 30, 2024 | -4.87% |
| Jun 30, 2024 | -22.79% |
| Mar 31, 2024 | -48.47% |
| Dec 31, 2023 | 12.18% |
| Sep 30, 2023 | 1.16% |
| Jun 30, 2023 | -0.16% |
| Mar 31, 2023 | -2.75% |
| Dec 31, 2022 | -1.71% |
| Sep 30, 2022 | -2.35% |
| Jun 30, 2022 | -51.35% |
| Mar 31, 2022 | -14.26% |
| Dec 31, 2021 | 2.91% |
| Sep 30, 2021 | -8.04% |
| Jun 30, 2021 | -39.06% |