Ingevity
NGVT
$55.05
Share price
-0.07%
Change (1 day)
5.46%
Change (1 year)
Categories
Operating Margin for Ingevity (NGVT)
Operating Margin as of May 2024 (TTM): 19.02%
According to Ingevity's latest financial reports and stock price the company's current Operating Margin is 19.02%. At the end of 2022 the company had an Operating Margin of 16.16%.
Operating Margin history for Ingevity from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 16.16% | 38.13% |
| 2021 | 11.70% | -39.48% |
| 2020 | 19.33% | 9.67% |
| 2019 | 17.63% | -9.91% |
| 2018 | 19.57% | 8.84% |
| 2017 | 17.98% | 87.68% |
| 2016 | 9.58% | -32.81% |
| 2015 | 14.26% | -26.89% |
| 2014 | 19.50% | 3.86% |
| 2013 | 18.78% | -6.72% |
| 2012 | 20.13% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PQ Group PQG | -34.96% | -283.83% | 🇺🇸 USA |
 Valhi VHI | 11.22% | -41.01% | 🇺🇸 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.