EBIT Margin of The Michaels Companies, Inc. MIK is 10.70

Earnings before interest and taxes is an indicator of a company's profitability. EBIT is also referred to as operating earnings, operating profit, and profit before interest and taxes. EBIT is an especially useful metric because it helps to identify a company's ability to generate enough earnings to be profitable, pay down debt, and fund ongoing operations. Lower EBIT Margins indicate lower profitability from a company.

 

Source: Investopedia

EBIT Margin
Jul 18Aug 18Sep 18Oct 18Nov 18Dec 18Jan 19Feb 19Mar 19Apr 19May 19Jun 19
12.6012.6012.6012.4012.4012.4012.0012.0012.0010.7010.7010.70