FLOWSERVE CORP Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Flowserve Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Flowserve Corp Operating Margin for the quarter ending September 30, 2024 was 9.84 %, a 25.3% increase year-over-year.
  • Flowserve Corp annual Operating Margin for 2023 was 7.72 %, a 41.4% increase from 2022.
  • Flowserve Corp annual Operating Margin for 2022 was 5.46 %, a 28.6% decline from 2021.
  • Flowserve Corp annual Operating Margin for 2021 was 7.65 %, a 13.9% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.72 +2.26 +41.4% Jan 1, 2023 Dec 31, 2023
2022 5.46 -2.19 -28.6% Jan 1, 2022 Dec 31, 2022
2021 7.65 +0.93 +13.9% Jan 1, 2021 Dec 31, 2021
2020 6.71 -3.1 -31.6% Jan 1, 2020 Dec 31, 2020
2019 9.81 +3.88 +65.4% Jan 1, 2019 Dec 31, 2019
2018 5.94 -3.38 -36.3% Jan 1, 2018 Dec 31, 2018
2017 9.32 +2.38 +34.3% Jan 1, 2017 Dec 31, 2017
2016 6.93 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.