NeoVolta
NEOV
$2.59
Share price
-0.77%
Change (1 day)
49.71%
Change (1 year)
Categories
Operating Margin for NeoVolta (NEOV)
Operating Margin as of May 2024 (TTM): -123.01%
According to NeoVolta's latest financial reports and stock price the company's current Operating Margin is -123.01%. At the end of 2022 the company had an Operating Margin of -129.76%.
Operating Margin history for NeoVolta from 2022 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -129.76% | -18.14% |
| 2021 | -158.51% |
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.