NI Holdings
NODK
#6558
Rank
$0.30 B
Marketcap
$14.66
Share price
-1.08%
Change (1 day)
10.39%
Change (1 year)

Operating Margin for NI Holdings (NODK)

Operating Margin as of May 2024 (TTM): -21.27%

According to NI Holdings 's latest financial reports and stock price the company's current Operating Margin is -21.27%. At the end of 2021 the company had an Operating Margin of 3.49%.

Operating Margin history for NI Holdings from 2016 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20213.49%-79.76%
202017.24%38.07%
201912.49%-31.25%
201818.16%56.11%
201711.63%212.53%
20163.72%-78.97%
201517.70%20.61%
201414.67%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-0.56%-97.37%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.