Manchester United (MANU) Operating Margin (2011 - 2026)
Manchester United's (MANU) quarterly Operating Margin came in at 2.69% in Q1 2026, up 225.0% year-on-year from 0.83% in Q1 2025, and down 73.77% on a QoQ basis 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.
- 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 for Q1 2026 stood at 2.69%, down from 10.27% in the prior quarter.
- Over the last five years, Operating Margin for MANU reached as high as 12.18% in Q4 2023 and fell as low as 51.35% in Q2 2022.
- Historically, Operating Margin has averaged 7.08% across 5 years, with a median of 1.71% in 2022.
- Across the five-year window, Operating Margin soared 5119 bps in 2023 and slumped 4571 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 1.71% in 2022, then soared by 813 bps to 12.18% in 2023, then slumped by 87 bps to 1.53% in 2024, then jumped by 570 bps to 10.27% in 2025, then sank by 74 bps to 2.69% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 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 | 286.85 Bn | 277.73 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | -42.23% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -27.76% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -9.77% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 9.00% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 4.15% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 21.20% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | - |
| 9 | News | 16.48 Bn | 15.01 Bn | - | - |
| 10 | Manchester United | 3.86 Bn | 3.77 Bn | - | 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% |