Mirion Technologies (MIR) Operating Margin (2021 - 2026)
Mirion Technologies' (MIR) quarterly Operating Margin came in at 1.44% in Q1 2026, down 287.0% year-on-year from 0.77% in Q1 2025, and down 84.37% quarter-over-quarter from 9.19% in Q4 2025.
Mirion Technologies (MIR) Operating Margin (2021 - 2026) Analysis & Trends
Mirion Technologies has disclosed Operating Margin across 6 years of filings, most recently posting 1.44% for Q1 2026.
- Operating Margin for Q1 2026 came in at 1.44%, down 287.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.74% (up 33.0% YoY), and the FY2025 annual result was 5.57%, up 268.0% from the prior year.
- Operating Margin came in at 1.44% for Q1 2026 at Mirion Technologies, down from 9.19% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 11.4% in Q4 2024 to a low of 74.3% in Q4 2022.
- The 5-year median for Operating Margin is 0.17% (2024), against an average of 5.81%.
- Across the five-year window, Operating Margin slumped 1523 bps in 2022 and soared 8012 bps in 2023, its largest moves.
- Mirion Technologies' Operating Margin stood at 74.3% in 2022, then surged by 108 bps to 5.82% in 2023, then surged by 96 bps to 11.4% in 2024, then decreased by 19 bps to 9.19% in 2025, then sank by 84 bps to 1.44% in 2026.
- The last three Operating Margin figures came in at 1.44% (Q1 2026), 9.19% (Q4 2025), and 3.32% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 1.92% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 15.73% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 20.65% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 11.30% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 24.24% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 25.40% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 26.70% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.86% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 14.90% |
| 10 | Mirion Technologies | 4.18 Bn | 3.83 Bn | 119.10 Mn | 1.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.44% |
| Dec 31, 2025 | 9.19% |
| Sep 30, 2025 | 3.32% |
| Jun 30, 2025 | 4.44% |
| Mar 31, 2025 | 4.31% |
| Dec 31, 2024 | 11.40% |
| Sep 30, 2024 | -0.77% |
| Jun 30, 2024 | 1.11% |
| Mar 31, 2024 | -2.54% |
| Dec 31, 2023 | 5.82% |
| Sep 30, 2023 | -5.81% |
| Jun 30, 2023 | -5.38% |
| Mar 31, 2023 | -7.47% |
| Dec 31, 2022 | -74.30% |
| Sep 30, 2022 | -17.15% |
| Mar 31, 2022 | -20.59% |
| Sep 30, 2021 | -6.17% |
| Jun 30, 2021 | 2.61% |
| Mar 31, 2021 | -5.35% |