nVent Electric plc Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
nVent Electric plc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • nVent Electric plc Operating Margin for the quarter ending June 30, 2024 was 18.5 %, a 8.69% 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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 18 +2.86 +18.9% Jan 1, 2023 Dec 31, 2023
2022 15.1 +0.7 +4.85% Jan 1, 2022 Dec 31, 2022
2021 14.4 +12.5 +651% Jan 1, 2021 Dec 31, 2021
2020 1.92 -13.2 -87.3% Jan 1, 2020 Dec 31, 2020
2019 15.1 +1.07 +7.62% Jan 1, 2019 Dec 31, 2019
2018 14 -1.03 -6.84% Jan 1, 2018 Dec 31, 2018
2017 15.1 -0.66 -4.2% Jan 1, 2017 Dec 31, 2017
2016 15.7 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.