Nikola
NKLA
$0.64
Share price
-2.44%
Change (1 day)
-29.24%
Change (1 year)
Nikola Corporation
, also known as Nikola Motors, is an American hybrid and electric truck development, design and production company.
Operating Margin for Nikola (NKLA)
Operating Margin as of April 2024 (TTM): -1,502.34%
According to Nikola's latest financial reports and stock price the company's current Operating Margin is -1,502.34%. At the end of 2020 the company had an Operating Margin of -404,950.53%.
Operating Margin history for Nikola from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2020 | -404,950.53% | 2105.37% |
| 2019 | -18,362.03% | -52.08% |
| 2018 | -38,320.81% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Nikola NKLA | -1,502.34% | 0.00% | 🇺🇸 USA |
 NIO NIO | -34.68% | -97.69% | 🇨🇳 China |
 The Shyft Group SHYF | 8.51% | -100.57% | 🇺🇸 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.