Novatek Microelectronics
3034.TW
$18.50
Share price
1.01%
Change (1 day)
38.27%
Change (1 year)
Categories
Operating Margin for Novatek Microelectronics (3034.TW)
Operating Margin as of April 2024 (TTM): 25.31%
According to Novatek Microelectronics's latest financial reports and stock price the company's current Operating Margin is 25.31%. At the end of 2022 the company had an Operating Margin of 31.39%.
Operating Margin history for Novatek Microelectronics from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 31.39% | -11.7% |
| 2021 | 35.54% | 95.34% |
| 2020 | 18.20% | 19.34% |
| 2019 | 15.25% | 5.76% |
| 2018 | 14.42% | 14.32% |
| 2017 | 12.61% | -0.48% |
| 2016 | 12.67% | -12.24% |
| 2015 | 14.44% | -5.68% |
| 2014 | 15.31% | 11.66% |
| 2013 | 13.71% | -0.86% |
| 2012 | 13.83% | 14.72% |
| 2011 | 12.06% | -13.73% |
| 2010 | 13.97% | -8.22% |
| 2009 | 15.23% | 8.95% |
| 2008 | 13.97% | -34.83% |
| 2007 | 21.44% | 5.14% |
| 2006 | 20.40% |
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.