Novan (NOVN) has a profit margin of 4.04%, below the Healthcare sector average of 13.89%.
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+ FollowAs of Mar 2023
Trailing 12 months ending Mar 2023
Novan (NOVN) currently reports a profit margin of 4.04% as of March 2023. That compares with -863.98% in the prior-year period — up 100.5% year over year. That is below the Healthcare sector average of 13.89%. Use the charts on this page to explore Novan's profit margin history and peer comparisons.
Novan's profit margin increased from -863.98% to 4.04% — a 100.5% year-over-year increase (period ending March 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Novan's profit margin of 4.04% is lower than the Healthcare sector average of 13.89%. That is roughly 70.9% 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 Novan's current 4.04% should be judged against Healthcare norms (sector average: 13.89%) and against NOVN'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 4.04%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is 13.89%. From there, open related valuation or income-statement pages for Novan, and consider following NOVN for alerts when major investors trade the stock.