NCLTYNCLTYOTC
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Operating Margin Over TimeContracting
Percentile Rank0
Studio
Year-over-Year Change

Operating income as a percentage of revenue

Percentile
P0
Near historical low
vs 5Y Ago
-2.5x
Contraction
Streak
4 yr
Consecutive declineContracting
PeriodValueYoY Change
2025-42.11%-395.3%
202414.26%-3.5%
202314.77%-13.3%
202217.04%-11.3%
202119.21%+14.8%
202016.73%+1.0%
201916.57%+1.5%
201816.32%-2.4%
201716.72%+4.9%
201615.94%-