MiX Telematics Profit Margin

The latest profit margin for MIXT is 3.72% as of December 2023. That compares with 3.98% in the prior-year period — down 6.7% year over year. That is below the Technology sector average of 37.08%. Investors often review this figure alongside MiX Telematics's historical trend and sector peers before judging valuation or financial health.

Over the past year, MIXT's profit margin moved from 3.98% to 3.72% — a 6.7% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in MiX Telematics's valuation or profitability profile.

Against Technology companies, MIXT currently prints 3.72% for profit margin, while the sector average sits near 37.08%. That is roughly 90.0% below the sector mean. Large gaps often invite a closer look at MiX Telematics's growth, margins, and balance sheet.

Profit Margin shows how effectively MiX Telematics converts resources into returns. At 3.72%, MIXT may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with 3.98% in the prior-year period — down 6.7% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.

After noting MIXT's profit margin (3.72%), review year-over-year change from 3.98%, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.