Novo Integrated Sciences (NVOS) has a profit margin of -121.61%, below the Industrials sector average of 10.37%.
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+ FollowAs of Aug 2024
Trailing 12 months ending Aug 2024
Novo Integrated Sciences posts a profit margin of -121.61% as of August 2024. That compares with -105.11% in the prior-year period — down 15.7% year over year. That is below the Industrials sector average of 10.37%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Novo Integrated Sciences's profit margin was -105.11%. The latest reading is -121.61% — a 15.7% year-over-year decrease (period ending August 2024). Use the history and growth charts on this page for a longer lookback.
For Industrials stocks, a profit margin near 10.37% is typical. Novo Integrated Sciences's -121.61% is lower that level. That is roughly 1272.6% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Novo Integrated Sciences's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -121.61% as of August 2024; use YoY and peer views to separate noise from signal.
Context for NVOS's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 10.37%), and (3) consistency with growth and profitability. This page covers the first two; Novo Integrated Sciences's other metric pages and overview cover the third.