Mynd.ai (MYND) EBIT Margin (2016 - 2022)
Mynd.ai (MYND) posted EBIT Margin of 12.61% for Q2 2022, down 18.74% sequentially from 15.52% in Q4 2021, and down 354.0% YoY from 4.97% in Q2 2021.
Mynd.ai (MYND) EBIT Margin (2016 - 2022) Analysis & Trends
Mynd.ai has reported EBIT Margin for 7 years, with the latest figure at 12.61% in Q2 2022.
- Quarterly EBIT Margin fell 354.0% year-over-year to 12.61% in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 8.69% (down 1520.0% YoY) and the FY2025 annual result came in at 29.83%, down 1561.0% from the prior year.
- EBIT Margin eased to 12.61% in Q2 2022 per MYND's latest filing, from 15.52% in the prior quarter.
- Over five years, EBIT Margin peaked at 80.11% in Q4 2020 and troughed at 150.64% in Q1 2020.
- A 5-year average of 6.39% and a median of 10.16% in 2019 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2020 and 2021: EBIT Margin plunged 16241 bps in 2020, then surged 14448 bps in 2021.
- Over 5 years, EBIT Margin stood at 16.68% in 2018, then surged by 65 bps to 5.9% in 2019, then jumped by 1459 bps to 80.11% in 2020, then plunged by 81 bps to 15.52% in 2021, then decreased by 19 bps to 12.61% in 2022.
- According to Business Quant data, EBIT Margin over the past three periods registered 12.61%, 15.52%, and 6.22% for Q2 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.87 Bn | 82.87 Bn | 812.22 Mn | 5.61% |
| 2 | 51Talk Online Education | 7.20 Bn | 7.16 Bn | 22.97 Mn | -4.56% |
| 3 | Laureate Education | 5.22 Bn | 5.06 Bn | 237.67 Mn | 36.28% |
| 4 | Graham Holdings | 5.05 Bn | 3.81 Bn | 777.03 Mn | 6.42% |
| 5 | Covista | 4.62 Bn | 4.62 Bn | 284.63 Mn | 19.04% |
| 6 | Grand Canyon Education | 3.76 Bn | 3.49 Bn | 204.08 Mn | 22.02% |
| 7 | Stride | 3.56 Bn | 2.60 Bn | 217.28 Mn | 16.64% |
| 8 | McGraw Hill | 2.32 Bn | 2.07 Bn | 388.89 Mn | -1.37% |
| 9 | TAL Education | 2.31 Bn | -376.25 Mn | 227.32 Mn | -10.34% |
| 10 | Mynd.ai | 190.82 Mn | 172.34 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 12.61% |
| Dec 31, 2021 | 15.52% |
| Sep 30, 2021 | -6.22% |
| Jun 30, 2021 | 16.15% |
| Mar 31, 2021 | -6.15% |
| Dec 31, 2020 | 80.11% |
| Sep 30, 2020 | -10.82% |
| Jun 30, 2020 | -117.02% |
| Mar 31, 2020 | -150.64% |
| Dec 31, 2019 | -5.90% |
| Sep 30, 2019 | 10.16% |
| Jun 30, 2019 | 9.94% |
| Mar 31, 2019 | 11.78% |
| Dec 31, 2018 | -16.68% |
| Sep 30, 2018 | 14.89% |
| Jun 30, 2018 | 15.81% |
| Mar 31, 2018 | 17.90% |
| Dec 31, 2017 | -0.42% |
| Sep 30, 2017 | 7.35% |
| Jun 30, 2017 | 15.47% |