NewMarket Operating Margin 2010-2024 | NEU
- NewMarket average operating margin for 2023 was 16.45%, a 49.68% increase from 2022.
- NewMarket average operating margin for 2022 was 10.99%, a 17.99% increase from 2021.
- NewMarket average operating margin for 2021 was 13.4%, a 12.76% decline from 2020.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.