Enovix Corp
NASDAQ:ENVX
Operating Margin
Enovix Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Enovix Corp
NASDAQ:ENVX
|
2.8B USD |
-759%
|
|
| CN |
|
Contemporary Amperex Technology Co Ltd
SZSE:300750
|
1.3T CNY |
15%
|
|
| FR |
|
Schneider Electric SE
PAR:SU
|
130B EUR |
17%
|
|
| IE |
|
Eaton Corporation PLC
NYSE:ETN
|
145.8B USD |
19%
|
|
| CH |
|
Abb Ltd
SIX:ABBN
|
94.4B CHF |
16%
|
|
| US |
|
Emerson Electric Co
NYSE:EMR
|
81.2B USD |
17%
|
|
| KR |
|
LG Energy Solution Ltd
KRX:373220
|
78T KRW |
3%
|
|
| US |
|
Vertiv Holdings Co
NYSE:VRT
|
47.7B USD |
17%
|
|
| US |
|
AMETEK Inc
NYSE:AME
|
41.4B USD |
26%
|
|
| US |
|
Rockwell Automation Inc
NYSE:ROK
|
39.9B USD |
15%
|
|
| FR |
|
Legrand SA
PAR:LR
|
32.2B EUR |
19%
|
Enovix Corp
Glance View
Enovix Corp. emerged as a pioneering force in the energy storage sector by tackling one of modern technology's most pressing challenges: battery inefficiency. Founded in the heart of Silicon Valley, Enovix reimagined the traditional lithium-ion battery with a unique 3D cell architecture that promises increased energy density—critical for the next wave of high-tech devices. By steering on a path of innovation, Enovix has positioned itself at the crossroads of technological advancement and consumer demand, aiming to support everything from consumer electronics to electric vehicles. The company makes money by manufacturing and selling these advanced batteries, capitalizing on the rising demand for longer-lasting, fast-charging, and compact energy solutions in an era increasingly defined by digital dependence and mobility. This revolutionary approach not only addresses the thirst for longer battery life but also ensures compatibility with standard lithium-ion production lines, thereby lowering manufacturing hurdles and costs. Enovix's revenue stream is bolstered by strategic partnerships and contracts with major tech players, who are in perennial search of better power solutions to drive their latest innovations. Additionally, Enovix tailors its offerings to meet the diverse requirements across industries, working with both established giants and emerging startups to incorporate its cutting-edge battery technology. In an industry characterized by rapid technological shifts and fierce competition, Enovix stands as both a facilitator and beneficiary, continually advancing its products to remain at the forefront of the energy storage revolution.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Enovix Corp's most recent financial statements, the company has Operating Margin of -758.7%.
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