Novanta
NOVT
$156.78
Share price
0.18%
Change (1 day)
0.64%
Change (1 year)
Operating Margin for Novanta (NOVT)
Operating Margin as of May 2024 (TTM): 13.60%
According to Novanta's latest financial reports and stock price the company's current Operating Margin is 13.60%. At the end of 2022 the company had an Operating Margin of 10.12%.
Operating Margin history for Novanta from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.12% | 27.39% |
| 2021 | 7.95% | -3.02% |
| 2020 | 8.20% | 12.11% |
| 2019 | 7.31% | -26.75% |
| 2018 | 9.98% | -31.68% |
| 2017 | 14.60% | 72.79% |
| 2016 | 8.45% | -31.38% |
| 2015 | 12.32% | -350.78% |
| 2014 | -4.91% | -215.49% |
| 2013 | 4.25% | 0.12% |
| 2012 | 4.25% | -51.46% |
| 2011 | 8.75% | 232.33% |
| 2010 | 2.63% | -109.67% |
| 2009 | -27.22% | -68.82% |
| 2008 | -87.32% | -1032.4% |
| 2007 | 9.36% | -4.66% |
| 2006 | 9.82% | 84.76% |
| 2005 | 5.32% | -61% |
| 2004 | 13.63% | -1468.78% |
| 2003 | -1.00% | -95.68% |
| 2002 | -23.07% | 154.55% |
| 2001 | -9.06% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PAVmed
PAVM | -13,857.60% | -101,994.12% | 🇺🇸 USA |
 Philips PHG | -9.70% | -171.32% | 🇳🇱 Netherlands |
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.