According to Nitto Denko 's latest financial reports and stock price the company's current Operating Margin is 15.44%. At the end of 2023 the company had an Operating Margin of 16.01%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.01% | 2.17% |
2022 | 15.67% | 26.41% |
2021 | 12.40% | 30.07% |
2020 | 9.53% | -18.07% |
2019 | 11.63% | -21.41% |
2018 | 14.80% | 21.37% |
2017 | 12.20% | -6.56% |
2016 | 13.05% | 0.71% |
2015 | 12.96% | 33.46% |
2014 | 9.71% | 1.5% |
2013 | 9.57% | 14.56% |
2012 | 8.35% | -36.49% |
2011 | 13.15% | 43.8% |
2010 | 9.15% | 1689.33% |
2009 | 0.51% | -94.62% |
2008 | 9.50% | -3.21% |
2007 | 9.82% | -32.08% |
2006 | 14.46% | 5.88% |
2005 | 13.65% |
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.