NOV
NOV
#2137
Rank
$6.78 B
Marketcap
$17.23
Share price
-1.03%
Change (1 day)
-22.18%
Change (1 year)

Operating Margin for NOV (NOV)

Operating Margin as of February 2024 (TTM): 7.29%

According to NOV's latest financial reports and stock price the company's current Operating Margin is 7.29%. At the end of 2022 the company had an Operating Margin of 3.29%.

Operating Margin history for NOV from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20223.29%-178.98%
2021-4.16%-90.88%
2020-45.63%-40.12%
2019-76.21%-15812.65%
20180.49%-109.04%
2017-5.37%-85.16%
2016-36.17%806.32%
2015-3.99%-124.49%
201416.30%10.89%
201314.70%-15.97%
201217.49%-12.27%
201119.93%1.09%
201019.72%13.53%
200917.37%-21.22%
200822.05%6.37%
200720.73%38.79%
200614.93%61.3%
20059.26%63.21%
20045.67%876.17%
20030.58%-92.14%
20027.39%-23.15%
20019.61%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.20% 108.50%๐Ÿ‡บ๐Ÿ‡ธ USA
2.07%-71.60%๐Ÿ‡ฌ๐Ÿ‡ง UK
2.32%-68.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.96%-140.60%๐Ÿ‡บ๐Ÿ‡ธ USA
2.03%-72.15%๐Ÿ‡บ๐Ÿ‡ธ USA
4.90%-32.78%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.