Energy Vault
NRGV
#7249
Rank
C$0.45 B
Marketcap
$3.06
Share price
7.56%
Change (1 day)
-4.86%
Change (1 year)

Operating Margin for Energy Vault (NRGV)

Operating Margin as of November 2024 (TTM): -29.38%

According to Energy Vault's latest financial reports and stock price the company's current Operating Margin is -29.38%. At the end of 2023 the company had an Operating Margin of -28.93%.

Operating Margin history for Energy Vault from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-28.93%-45.81%
2022-53.38%

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.