Noble Romans annual operating margin
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2025
Noble Romans Operating Margin Growth & History (NROM)
Noble Romans's operating margin was 14.86% for fiscal 2025.
View full Noble Romans company overviewNoble Romans annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 14.86% | +5.07 pp |
| 2024 | 2024-12-31 | 9.79% | −14.14 pp |
| 2023 | 2023-12-31 | 23.93% | +20.97 pp |
| 2022 | 2022-12-31 | 2.96% | −9.60 pp |
| 2021 | 2021-12-31 | 12.56% | −7.50 pp |
| 2020 | 2020-12-31 | 20.06% | −2.27 pp |
| 2019 | 2019-12-31 | 22.33% | +0.98 pp |
| 2018 | 2018-12-31 | 21.34% | −8.58 pp |
| 2017 | 2017-12-31 | 29.92% | −9.35 pp |
| 2016 | 2016-12-31 | 39.27% | +1.22 pp |
| 2015 | 2015-12-31 | 38.05% | −0.34 pp |
| 2014 | 2014-12-31 | 38.39% | +0.54 pp |
| 2013 | 2013-12-31 | 37.85% | −0.71 pp |
| 2012 | 2012-12-31 | 38.57% | −1.05 pp |
| 2011 | 2011-12-31 | 39.62% | −0.85 pp |
| 2010 | 2010-12-31 | 40.47% | −2.47 pp |
| 2009 | 2009-12-31 | 42.94% | — |
Noble Romans quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.28% | −2.98 pp |
| Q1 2026 | 2026-03-31 | 14.10% | +0.76 pp |
| Q4 2025 | 2025-12-31 | 6.14% | +4.25 pp |
| Q3 2025 | 2025-09-30 | 19.77% | +9.03 pp |
| Q2 2025 | 2025-06-30 | 20.26% | +5.97 pp |
| Q1 2025 | 2025-03-31 | 13.34% | +1.55 pp |
| Q4 2024 | 2024-12-31 | 1.89% | −17.82 pp |
| Q3 2024 | 2024-09-30 | 10.74% | −3.01 pp |
| Q2 2024 | 2024-06-30 | 14.29% | −4.27 pp |
| Q1 2024 | 2024-03-31 | 11.79% | −34.34 pp |
| Q4 2023 | 2023-12-31 | 19.70% | +31.56 pp |
| Q3 2023 | 2023-09-30 | 13.74% | +3.97 pp |
| Q2 2023 | 2023-06-30 | 18.56% | +11.05 pp |
| Q1 2023 | 2023-03-31 | 46.13% | +41.53 pp |
| Q4 2022 | 2022-12-31 | −11.86% | −8.92 pp |
| Q3 2022 | 2022-09-30 | 9.77% | +2.07 pp |
| Q2 2022 | 2022-06-30 | 7.51% | −4.32 pp |
| Q1 2022 | 2022-03-31 | 4.59% | −30.80 pp |
| Q4 2021 | 2021-12-31 | −2.94% | −11.96 pp |
| Q3 2021 | 2021-09-30 | 7.70% | −6.30 pp |
| Q2 2021 | 2021-06-30 | 11.83% | −27.20 pp |
| Q1 2021 | 2021-03-31 | 35.39% | +13.72 pp |
| Q4 2020 | 2020-12-31 | 9.01% | +0.32 pp |
| Q3 2020 | 2020-09-30 | 14.00% | −13.12 pp |
| Q2 2020 | 2020-06-30 | 39.03% | +13.37 pp |
| Q1 2020 | 2020-03-31 | 21.67% | −4.11 pp |
| Q4 2019 | 2019-12-31 | 8.69% | −9.08 pp |
| Q3 2019 | 2019-09-30 | 27.12% | +5.32 pp |
| Q2 2019 | 2019-06-30 | 25.66% | +3.53 pp |
| Q1 2019 | 2019-03-31 | 25.78% | +2.09 pp |
| Q4 2018 | 2018-12-31 | 17.77% | −12.24 pp |
| Q3 2018 | 2018-09-30 | 21.79% | −8.49 pp |
| Q2 2018 | 2018-06-30 | 22.13% | −7.84 pp |
| Q1 2018 | 2018-03-31 | 23.69% | −5.66 pp |
| Q4 2017 | 2017-12-31 | 30.01% | −2.41 pp |
| Q3 2017 | 2017-09-30 | 30.28% | −12.05 pp |
| Q2 2017 | 2017-06-30 | 29.97% | −15.42 pp |
| Q1 2017 | 2017-03-31 | 29.35% | −7.84 pp |
| Q4 2016 | 2016-12-31 | 32.42% | +0.76 pp |
| Q3 2016 | 2016-09-30 | 42.33% | +4.01 pp |
| Q2 2016 | 2016-06-30 | 45.39% | +0.97 pp |
| Q1 2016 | 2016-03-31 | 37.19% | +0.12 pp |
| Q4 2015 | 2015-12-31 | 31.66% | +1.22 pp |
| Q3 2015 | 2015-09-30 | 38.31% | −2.35 pp |
| Q2 2015 | 2015-06-30 | 44.42% | +3.47 pp |
| Q1 2015 | 2015-03-31 | 37.07% | −3.55 pp |
| Q4 2014 | 2014-12-31 | 30.44% | −1.43 pp |
| Q3 2014 | 2014-09-30 | 40.66% | +1.76 pp |
| Q2 2014 | 2014-06-30 | 40.95% | +0.46 pp |
| Q1 2014 | 2014-03-31 | 40.62% | +1.17 pp |
| Q4 2013 | 2013-12-31 | 31.87% | −4.30 pp |
| Q3 2013 | 2013-09-30 | 38.90% | −0.47 pp |
| Q2 2013 | 2013-06-30 | 40.49% | +0.08 pp |
| Q1 2013 | 2013-03-31 | 39.45% | +1.33 pp |
| Q4 2012 | 2012-12-31 | 36.17% | −6.97 pp |
| Q3 2012 | 2012-09-30 | 39.37% | +3.04 pp |
| Q2 2012 | 2012-06-30 | 40.41% | +0.99 pp |
| Q1 2012 | 2012-03-31 | 38.12% | −1.17 pp |
| Q4 2011 | 2011-12-31 | 43.14% | +0.59 pp |
| Q3 2011 | 2011-09-30 | 36.33% | −3.76 pp |
| Q2 2011 | 2011-06-30 | 39.42% | — |
| Q1 2011 | 2011-03-31 | 39.29% | — |
| Q3 2010 | 2010-09-30 | 42.55% | — |
| Q2 2010 | 2010-06-30 | 40.09% | — |
Noble Romans operating margin trends
Over the last five reported fiscal years, Noble Romans's operating margin decreased from 20.06% to 14.86%, a change of −5.20 percentage points. The latest reported quarter, Q2 2026, shows 17.28%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Noble Romans filings at SEC.gov ↗