NVent Electric Operating Margin 2017-2025 | NVT
- NVent Electric average operating margin for 2024 was 17.76%, a 10.31% decline from 2023.
- NVent Electric average operating margin for 2023 was 16.1%, a 15.49% increase from 2022.
- NVent Electric average operating margin for 2022 was 13.94%, a 52.68% increase 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.