SPX Technologies, Inc. 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
SPX Technologies, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • SPX Technologies, Inc. Operating Margin for the quarter ending June 29, 2024 was 13.8 %, a 97.2% increase year-over-year.
  • SPX Technologies, Inc. annual Operating Margin for 2023 was 12.7 %, a 265% increase from 2022.
  • SPX Technologies, Inc. annual Operating Margin for 2022 was 3.49 %, a 42.2% decline from 2021.
  • SPX Technologies, Inc. annual Operating Margin for 2021 was 6.04 %, a 29.7% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 12.7 +9.25 +265% Jan 1, 2023 Dec 31, 2023
2022 3.49 -2.55 -42.2% Jan 1, 2022 Dec 31, 2022
2021 6.04 -2.55 -29.7% Jan 1, 2021 Dec 31, 2021
2020 8.59 -1.56 -15.4% Jan 1, 2020 Dec 31, 2020
2019 10.2 +2.71 +36.4% Jan 1, 2019 Dec 31, 2019
2018 7.44 +3.24 +77.1% Jan 1, 2018 Dec 31, 2018
2017 4.2 -0.55 -11.6% Jan 1, 2017 Dec 31, 2017
2016 4.75 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.