According to Nikola's latest financial reports and stock price the company's current Operating Margin is -838.98%. At the end of 2023 the company had an Operating Margin of -2,366.67%.
Year | Operating Margin | Change |
---|---|---|
2023 | -2,366.67% | 64.03% |
2022 | -1,442.87% | |
2020 | -390,794.74% | 2028.28% |
2019 | -18,362.03% | -52.08% |
2018 | -38,320.81% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
0.07% | -100.01% | ๐บ๐ธ USA | |
-838.98% | 0.00% | ๐บ๐ธ USA | |
-32.22% | -96.16% | ๐จ๐ณ China |
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.