Nelco
NELCO.NS
#7665
Rank
NZ$0.43 B
Marketcap
$18.94
Share price
4.35%
Change (1 day)
21.81%
Change (1 year)

Operating Margin for Nelco (NELCO.NS)

Operating Margin as of November 2024 (TTM): 9.54%

According to Nelco's latest financial reports and stock price the company's current Operating Margin is 9.54%. At the end of 2023 the company had an Operating Margin of 8.89%.

Operating Margin history for Nelco from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.89%-0.12%
20228.90%26.75%
20217.02%-23.78%
20209.21%-12.09%
201910.48%2.98%
201810.18%110.94%
20174.83%
2015-5.90%-463.71%
20141.62%-112.68%
2013-12.80%-2501.83%
20120.53%-104.28%
2011-12.46%-168.41%
201018.22%
20082.95%

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.