Valuation check: EGOV's profit margin is 14.74%, below the Technology sector average of 37.17%.
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+ FollowAs of Dec 2020
Trailing 12 months ending Dec 2020
NIC (EGOV) currently reports a profit margin of 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 37.17%. Use the charts on this page to explore NIC's profit margin history and peer comparisons.
NIC's profit margin increased from 14.08% to 14.74% — a 4.6% year-over-year increase (period ending December 2020). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
NIC's profit margin of 14.74% is lower than the Technology sector average of 37.17%. That is roughly 60.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but NIC's current 14.74% should be judged against Technology norms (sector average: 37.17%) and against EGOV's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 14.74%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 37.17%. From there, open related valuation or income-statement pages for NIC, and consider following EGOV for alerts when major investors trade the stock.