Nikola
NKLA
#8617
Rank
โ‚น9.89 B
Marketcap
โ‚น162.50
Share price
0.79%
Change (1 day)
-93.41%
Change (1 year)
Nikola Corporation , also known as Nikola Motors, is an American hybrid and electric truck development, design and production company.

Operating Margin for Nikola (NKLA)

Operating Margin as of November 2024 (TTM): -838.98%

According to Nikola's latest financial reports and stock price the company's current Operating Margin is -838.98%. At the end of 2023 the company had an Operating Margin of -2,366.67%.

Operating Margin history for Nikola from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2,366.67%64.03%
2022-1,442.87%
2020-390,794.74%2028.28%
2019-18,362.03%-52.08%
2018-38,320.81%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.07%-100.01%๐Ÿ‡บ๐Ÿ‡ธ USA
-838.98% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.32%-96.27%๐Ÿ‡จ๐Ÿ‡ณ China

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.