According to Nokian Tyres 's latest financial reports and stock price the company's current Operating Margin is -2.44%. At the end of 2024 the company had an Operating Margin of -2.44%.
Year | Operating Margin | Change |
---|---|---|
2024 | -2.44% | -301.85% |
2023 | 1.21% | 45.9% |
2022 | 0.83% | -94.49% |
2021 | 15.06% | 86.7% |
2020 | 8.07% | -62.01% |
2019 | 21.24% | -6.31% |
2018 | 22.67% | 7.24% |
2017 | 21.14% | -1.55% |
2016 | 21.47% | 6.5% |
2015 | 20.16% | 7.22% |
2014 | 18.80% | -8.57% |
2013 | 20.57% | -14.47% |
2012 | 24.04% | -2.48% |
2011 | 24.66% | 24.95% |
2010 | 19.73% | 114.38% |
2009 | 9.20% | -42.75% |
2008 | 16.08% | -22.91% |
2007 | 20.86% | 25.17% |
2006 | 16.66% | 1.6% |
2005 | 16.40% | -3.93% |
2004 | 17.07% | 29.66% |
2003 | 13.17% | 31.56% |
2002 | 10.01% | 14.4% |
2001 | 8.75% |
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.