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Taxonomy & unit
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ratio: %
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Description
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The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
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Summary
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nVent Electric plc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
- nVent Electric plc Operating Margin for the quarter ending September 30, 2024 was 18.4 %, a 5.57% increase year-over-year.
- nVent Electric plc annual Operating Margin for 2023 was 18 %, a 18.9% increase from 2022.
- nVent Electric plc annual Operating Margin for 2022 was 15.1 %, a 4.85% increase from 2021.
- nVent Electric plc annual Operating Margin for 2021 was 14.4 %, a 651% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)