NOVAQ (Sunnova Energy International) Net Margin %: -63.49% (As of Dec. 2024)


What is Sunnova Energy International Net Margin %?

Sunnova Energy International NOVAQ Net Margin % is -63.49% as of Dec. 2024.

Net margin is calculated as Net Income divided by its Revenue. Sunnova Energy International's Net Income for the three months ended in Dec. 2024 was $-142.3 Mil. Sunnova Energy International's Revenue for the three months ended in Dec. 2024 was $224.1 Mil. Therefore, Sunnova Energy International's net margin for the quarter that ended in Dec. 2024 was -63.49%.

The historical rank and industry rank for Sunnova Energy International's Net Margin % or its related term are showing as below:


NOVAQ's Net Margin % is not ranked *
in the Semiconductors industry.
Industry Median: 4.17
* Ranked among companies with meaningful Net Margin % only.

Sunnova Energy International  (OTCPK:NOVAQ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Sunnova Energy International Net Margin % Related Terms

Sunnova Energy International Net Margin % Historical Data

* Premium members only.

The historical data trend for Sunnova Energy International's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunnova Energy International Net Margin % Chart

Sunnova Energy International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial -156.87 -57.14 -28.98 -58.00 -43.80

Sunnova Energy International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -96.63 -43.48 -15.05 -52.10 -63.49

NOVAQ vs VSTTF, SING, APWL: Net Margin % Comparison

For the Solar subindustry, Sunnova Energy International's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sunnova Energy International Net Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunnova Energy International's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sunnova Energy International's Net Margin % falls into.


Sunnova Energy International Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sunnova Energy International's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-367.893/839.922
=-43.80 %

Sunnova Energy International's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-142.291/224.127
=-63.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -63.49% mean?
Sunnova Energy International (NOVAQ) has a Net Margin % of -63.49% as of Dec. 2024. Net margin is the ratio of total net income to net sales. View historical data on Sunnova Energy International and its competitors.
Is Sunnova Energy International's Net Margin % too high?
Sunnova Energy International's current Net Margin % is -63.49%.
How does Sunnova Energy International's Net Margin % compare to VSTTF and SING?
Sunnova Energy International's Net Margin % of -63.49% can be compared against companies in the Semiconductors industry. The industry median Net Margin % is 4.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.17, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Sunnova Energy International and its competitors. For the Semiconductors industry, the median Net Margin % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunnova Energy International's current Net Margin % is -63.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Net Margin % of -63.49%. The current Net Margin % is -63.49%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Sunnova Energy International (NOVAQ), the current Net Margin % is -63.49% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunnova Energy International Business Description

Address 20 East Greenway Plaza, Suite 540, Houston, TX, USA, 77046
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.