NIC Profit Margin

NIC's profit margin stands at 14.74% as of December 2020. That compares with 14.08% in the prior-year period — up 4.6% year over year. That is below the Technology sector average of 37.35%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

NIC reported 14.74% in profit margin versus 14.08% a year earlier — a 4.6% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

NIC sits lower the Technology benchmark (37.35%) with a profit margin of 14.74%. That is roughly 60.5% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

A profit margin of 14.74% for NIC means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.

The history chart shows how NIC's profit margin evolved across reporting periods, while the comparison chart places EGOV next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.