Manchester United (MANU) Operating Margin (2011 - 2026)

Manchester United (MANU) has reported Operating Margin for 16 consecutive years, with 2.69% the latest figure, recorded in Q1 2026.

• On a quarterly basis, Operating Margin rose 225.0% year-over-year to 2.69% in Q1 2026; TTM through Mar 2026 was 3.29%, a 878.0% increase from a year earlier, with the FY2025 full-year figure at 2.77%, up 772.0% from the prior year.
• Operating Margin was 2.69% for Q1 2026 at Manchester United, down 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.
• Across the five-year window, Operating Margin jumped 5119 bps in 2023 and sank 4571 bps in 2024, its largest moves.
• Over 5 years, Operating Margin stood at 1.71% in 2022, then surged by 813 bps to 12.18% in 2023, then slumped by 87 bps to 1.53% in 2024, then soared by 570 bps to 10.27% in 2025, then sank by 74 bps to 2.69% in 2026.
• The last three Operating Margin figures came in at 2.69% (Q1 2026), 10.27% (Q4 2025), and 9.26% (Q3 2025), per Business Quant data.