Ingevity
NGVT
#4622
Rank
โ‚ฌ1.58 B
Marketcap
43,66ย โ‚ฌ
Share price
1.75%
Change (1 day)
21.68%
Change (1 year)

Operating Margin for Ingevity (NGVT)

Operating Margin as of November 2024 (TTM): -40.55%

According to Ingevity's latest financial reports and stock price the company's current Operating Margin is -40.55%. At the end of 2022 the company had an Operating Margin of 16.16%.

Operating Margin history for Ingevity from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202216.16%38.13%
202111.70%-39.48%
202019.33%9.67%
201917.63%-9.91%
201819.57%8.84%
201717.98%87.68%
20169.58%-32.81%
201514.26%-26.89%
201419.50%3.86%
201318.78%-6.72%
201220.13%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-34.96%-13.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.01%-97.51%๐Ÿ‡บ๐Ÿ‡ธ USA

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.