nVent Electric
NVT
#1503
Rank
ยฃ9.11 B
Marketcap
ยฃ55.33
Share price
-0.09%
Change (1 day)
20.35%
Change (1 year)

Operating Margin for nVent Electric (NVT)

Operating Margin as of December 2024 (TTM): 17.72%

According to nVent Electric's latest financial reports and stock price the company's current Operating Margin is 17.72%. At the end of 2023 the company had an Operating Margin of 15.31%.

Operating Margin history for nVent Electric from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.31%-5.79%
202216.25%24.72%
202113.03%-2840.4%
2020-0.48%-104.07%
201911.68%-3.79%
201812.14%-18.72%
201714.93%0.32%
201614.89%1.29%
201514.70%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.72% 0.00%๐Ÿ‡ฌ๐Ÿ‡ง UK
18.09% 2.09%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.