Nuvei
NVEI
$32.28
Share price
0.12%
Change (1 day)
-17.74%
Change (1 year)
Categories
Operating Margin for Nuvei (NVEI)
Operating Margin as of April 2024 (TTM): 4.40%
According to Nuvei's latest financial reports and stock price the company's current Operating Margin is 4.40%. At the end of 2022 the company had an Operating Margin of 10.38%.
Operating Margin history for Nuvei from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.38% | -43.01% |
| 2021 | 18.21% | -167.91% |
| 2020 | -26.82% | -11.11% |
| 2019 | -30.17% | 36.9% |
| 2018 | -22.04% | 57.96% |
| 2017 | -13.95% |
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.