ASCENT INDUSTRIES CO. 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
Ascent Industries Co. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Ascent Industries Co. Operating Margin for the quarter ending September 30, 2024 was -7.86 %, a 62.9% increase year-over-year.
  • Ascent Industries Co. annual Operating Margin for 2023 was -19.4 %, a 449% decline from 2022.
  • Ascent Industries Co. annual Operating Margin for 2022 was 5.55 %, a 32.1% decline from 2021.
  • Ascent Industries Co. annual Operating Margin for 2021 was 8.17 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -19.4 -24.9 -449% Jan 1, 2023 Dec 31, 2023
2022 5.55 -2.62 -32.1% Jan 1, 2022 Dec 31, 2022
2021 8.17 +20.3 Jan 1, 2021 Dec 31, 2021
2020 -12.1 -11.6 -2069% Jan 1, 2020 Dec 31, 2020
2019 -0.56 -8.12 -107% Jan 1, 2019 Dec 31, 2019
2018 7.56 +6.54 +640% Jan 1, 2018 Dec 31, 2018
2017 1.02 +6.97 Jan 1, 2017 Dec 31, 2017
2016 -5.95 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.