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
DateValue
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%