Nokian Tyres
TYRES.HE
#5309
Rank
C$1.58 B
Marketcap
$11.49
Share price
0.60%
Change (1 day)
-2.52%
Change (1 year)
Categories

Operating Margin for Nokian Tyres (TYRES.HE)

Operating Margin as of November 2024 (TTM): -0.71%

According to Nokian Tyres 's latest financial reports and stock price the company's current Operating Margin is -0.71%. At the end of 2023 the company had an Operating Margin of 1.21%.

Operating Margin history for Nokian Tyres from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.21%45.9%
20220.83%-94.49%
202115.06%86.7%
20208.07%-62.01%
201921.24%-6.31%
201822.67%7.24%
201721.14%-1.55%
201621.47%6.5%
201520.16%7.22%
201418.80%-8.57%
201320.57%-14.47%
201224.04%-2.48%
201124.66%24.95%
201019.73%114.38%
20099.20%-42.75%
200816.08%-22.91%
200720.86%25.17%
200616.66%1.6%
200516.40%-3.93%
200417.07%29.66%
200313.17%31.56%
200210.01%14.4%
20018.75%

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.