Nokian Tyres
TYRES.HE
$9.72
Share price
1.73%
Change (1 day)
-4.33%
Change (1 year)
Categories
Operating Margin for Nokian Tyres (TYRES.HE)
Operating Margin as of April 2024 (TTM): -14.18%
According to Nokian Tyres 's latest financial reports and stock price the company's current Operating Margin is -14.18%. At the end of 2021 the company had an Operating Margin of 15.06%.
Operating Margin history for Nokian Tyres from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 15.06% | 86.7% |
| 2020 | 8.07% | -61.76% |
| 2019 | 21.10% | -6.92% |
| 2018 | 22.67% | 7.24% |
| 2017 | 21.14% | -1.55% |
| 2016 | 21.47% | 6.5% |
| 2015 | 20.16% | 7.22% |
| 2014 | 18.80% | -8.57% |
| 2013 | 20.57% | -14.47% |
| 2012 | 24.04% | -2.48% |
| 2011 | 24.66% | 24.95% |
| 2010 | 19.73% | 114.38% |
| 2009 | 9.20% | -42.75% |
| 2008 | 16.08% | -22.91% |
| 2007 | 20.86% | 25.17% |
| 2006 | 16.66% | 1.6% |
| 2005 | 16.40% | -3.93% |
| 2004 | 17.07% | 29.66% |
| 2003 | 13.17% | 31.56% |
| 2002 | 10.01% | 2119031.9% |
| 2001 | 0.00% |
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.