Nitto Denko
6988.T
#1341
Rank
$12.90 B
Marketcap
$91.02
Share price
-2.89%
Change (1 day)
41.27%
Change (1 year)

Operating Margin for Nitto Denko (6988.T)

Operating Margin as of March 2024 (TTM): 14.35%

According to Nitto Denko 's latest financial reports and stock price the company's current Operating Margin is 14.35%. At the end of 2022 the company had an Operating Margin of 15.67%.

Operating Margin history for Nitto Denko from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202215.67%26.41%
202112.40%30.07%
20209.53%-18.07%
201911.63%-21.51%
201814.82%21.52%
201712.20%-6.56%
201613.05%0.71%
201512.96%37.62%
20149.42%-1.22%
20139.54%14.16%
20128.35%-36.49%
201113.15%43.8%
20109.15%1689.33%
20090.51%-94.62%
20089.50%-3.21%
20079.82%-32.08%
200614.46%5.88%
200513.65%

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.