Nova Operating Margin 2010-2025 | NVMI
- Nova average operating margin for 2024 was 26.79%, a 4.12% increase from 2023.
- Nova average operating margin for 2023 was 25.73%, a 4.6% increase from 2022.
- Nova average operating margin for 2022 was 26.97%, a 7.79% decline from 2021.
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.