Sunnova
NOVA
$5.04
Share price
13.91%
Change (1 day)
-69.03%
Change (1 year)
Categories
Operating Margin for Sunnova (NOVA)
Operating Margin as of May 2024 (TTM): -3.01%
According to Sunnova's latest financial reports and stock price the company's current Operating Margin is -3.01%. At the end of 2022 the company had an Operating Margin of -22.66%.
Operating Margin history for Sunnova from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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 |
|---|---|---|---|
 Power Integrations
POWI | 28.17% | -1,035.88% | 🇺🇸 USA |
 Photronics PLAB | 28.98% | -1,062.79% | 🇺🇸 USA |
 PDF Solutions PDFS | 0.31% | -110.30% | 🇺🇸 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.