Novatek
NVTK.ME
#709
Rank
$29.08 B
Marketcap
$9.19
Share price
-1.12%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Novatek (NVTK.ME)

Operating Margin as of November 2024 (TTM): 46.47%

According to Novatek's latest financial reports and stock price the company's current Operating Margin is 46.47%. At the end of 2023 the company had an Operating Margin of 41.82%.

Operating Margin history for Novatek from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202341.82%
202143.33%137.99%
202018.21%-84.34%
2019116.26%323.14%
201827.48%-20.22%
201734.44%-39.94%
201657.34%193.23%
201519.55%32.34%
201414.78%-67.87%
201345.99%12.55%
201240.87%-46.95%
201177.04%76.48%
201043.65%20.82%
200936.13%0.18%
200836.06%-11.75%
200740.87%5.52%
200638.73%-20.48%
200548.70%

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.