Nova Klúbburinn
NOVA.IC
#8735
Rank
₹10.11 B
Marketcap
₹2.65
Share price
-1.14%
Change (1 day)
6.30%
Change (1 year)

Operating Margin for Nova Klúbburinn (NOVA.IC)

Operating Margin as of December 2024 (TTM): 15.91%

According to Nova Klúbburinn's latest financial reports and stock price the company's current Operating Margin is 15.91%. At the end of 2023 the company had an Operating Margin of 6.88%.

Operating Margin history for Nova Klúbburinn from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.88%27.37%
20225.40%-64.9%
202115.40%257.53%
20204.31%108.6%
20192.06%

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.