Novocure
NVCR
#4390
Rank
$1.63 B
Marketcap
Jersey
Country
$15.27
Share price
0.20%
Change (1 day)
-81.38%
Change (1 year)
Categories

Operating Margin for Novocure (NVCR)

Operating Margin as of February 2024 (TTM): -37.52%

According to Novocure 's latest financial reports and stock price the company's current Operating Margin is -37.52%. At the end of 2022 the company had an Operating Margin of -15.22%.

Operating Margin history for Novocure from 2015 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-15.22%56.35%
2021-9.73%-365.81%
20203.66%-245.79%
2019-2.51%-86.44%
2018-18.52%-32.4%
2017-27.40%-81.31%
2016-146.54%-54.75%
2015-323.83%-37.53%
2014-518.40%-30.27%
2013-743.48%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-591.52% 1,476.55%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.00% 243.82%๐Ÿ‡ฌ๐Ÿ‡ง UK
-149.57% 298.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-37.52% 0.00% Jersey

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.