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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

MediaAlpha (MAX) Operating Margin (2019 - 2026)

MediaAlpha has reported Operating Margin over the past 8 years, most recently at 7.22% for Q1 2026.

  • Quarterly Operating Margin rose 717.0% to 7.22% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 3.83% through Mar 2026, down 21.0% year-over-year, with the annual reading at 1.99% for FY2025, 295.0% down from the prior year.
  • Operating Margin was 7.22% for Q1 2026 at MediaAlpha, down from 7.66% in the prior quarter.
  • Over five years, Operating Margin peaked at 7.66% in Q4 2025 and troughed at 19.78% in Q3 2023.
  • The 5-year median for Operating Margin is 0.04% (2025), against an average of 2.86%.
  • Year-over-year, Operating Margin plummeted -1184bps in 2022 and then skyrocketed 2580bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 5.27% in 2022, then skyrocketed by 107bps to 0.38% in 2023, then skyrocketed by 1495bps to 6.07% in 2024, then rose by 26bps to 7.66% in 2025, then dropped by -6bps to 7.22% in 2026.
  • Per Business Quant, the three most recent readings for MAX's Operating Margin are 7.22% (Q1 2026), 7.66% (Q4 2025), and 6.44% (Q3 2025).