Sunnova
NOVA
#6761
Rank
$0.46 B
Marketcap
$3.75
Share price
-6.95%
Change (1 day)
-63.73%
Change (1 year)

Operating Margin for Sunnova (NOVA)

Operating Margin as of November 2024 (TTM): -18.92%

According to Sunnova's latest financial reports and stock price the company's current Operating Margin is -18.92%. At the end of 2023 the company had an Operating Margin of -69.86%.

Operating Margin history for Sunnova from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-69.86%208.25%
2022-22.66%-62.79%
2021-60.91%-68.16%
2020-191.29%88.6%
2019-101.43%54.76%
2018-65.54%-44.15%
2017-117.34%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.98%-253.17%๐Ÿ‡บ๐Ÿ‡ธ USA
10.32%-154.55%๐Ÿ‡บ๐Ÿ‡ธ USA
1.59%-108.40%๐Ÿ‡บ๐Ÿ‡ธ USA

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.