Novonix
NVX
$2.36
Share price
-8.17%
Change (1 day)
-21.59%
Change (1 year)
Categories
Operating Margin for Novonix (NVX)
Operating Margin at the end of 2022: -848.69%
According to Novonix's latest financial reports and stock price the company's current Operating Margin is -848.69%. At the end of 2022 the company had an Operating Margin of -848.69%.
Operating Margin history for Novonix from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -848.69% | 145.43% |
| 2021 | -345.80% | -26.56% |
| 2020 | -470.88% | -67.72% |
| 2019 | -1,458.72% | 207.29% |
| 2018 | -474.70% | -93.89% |
| 2017 | -7,775.55% |
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.