Novocure
NVCR
#4404
Rank
โ‚ฌ1.75 B
Marketcap
Country
16,26ย โ‚ฌ
Share price
-1.19%
Change (1 day)
56.51%
Change (1 year)
Categories

Operating Margin for Novocure (NVCR)

Operating Margin as of November 2024 (TTM): -19.81%

According to Novocure 's latest financial reports and stock price the company's current Operating Margin is -19.81%. At the end of 2023 the company had an Operating Margin of -37.64%.

Operating Margin history for Novocure from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-37.64%147.38%
2022-15.22%56.35%
2021-9.73%-365.81%
20203.66%-245.79%
2019-2.51%-86.44%
2018-18.52%-32.4%
2017-27.40%-81.31%
2016-146.54%-54.75%
2015-323.83%-37.53%
2014-518.40%-30.27%
2013-743.48%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-19.81% 0.00% Jersey
-97.60% 392.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-9,470.94% 47,708.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.00% 551.19%๐Ÿ‡ฌ๐Ÿ‡ง UK

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.