Nel ASA
NEL.OL
#5683
Rank
C$1.17 B
Marketcap
$0.70
Share price
-0.68%
Change (1 day)
-45.60%
Change (1 year)

Operating Margin for Nel ASA (NEL.OL)

Operating Margin as of September 2024 (TTM): -30.25%

According to Nel ASA's latest financial reports and stock price the company's current Operating Margin is -30.25%. At the end of 2023 the company had an Operating Margin of -51.90%.

Operating Margin history for Nel ASA from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-51.90%-60%
2022-129.75%-41.97%
2021-223.59%-203.82%
2020215.36%-503.21%
2019-53.41%22.56%
2018-43.58%-3.69%
2017-45.25%-28.88%
2016-63.63%102.79%
2015-31.38%-67.46%
2014-96.41%-99.59%
2013-23,341.79%-27.86%
2012-32,355.30%2781.59%
2011-1,122.83%-70.65%
2010-3,825.32%-87.27%
2009-30,050.02%

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.