TEL INSTRUMENT ELECTRONICS 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
Tel Instrument Electronics Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Tel Instrument Electronics Corp Operating Margin for the quarter ending September 30, 2024 was -1.47 %, a 27.7% increase year-over-year.
  • Tel Instrument Electronics Corp annual Operating Margin for 2023 was 8.36 %.
  • Tel Instrument Electronics Corp annual Operating Margin for 2022 was -10.4 %, a 244% decline from 2021.
  • Tel Instrument Electronics Corp annual Operating Margin for 2021 was 7.24 %, a 1043% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 8.36 +18.8 Apr 1, 2023 Mar 31, 2024
2022 -10.4 -17.7 -244% Apr 1, 2022 Mar 31, 2023
2021 7.24 +6.61 +1043% Apr 1, 2021 Mar 31, 2022
2020 0.63 -15.6 -96.1% Apr 1, 2020 Mar 31, 2021
2019 16.2 +10.8 +199% Apr 1, 2019 Mar 31, 2020
2018 5.41 +49.4 Apr 1, 2018 Mar 31, 2019
2017 -44 -31.3 -247% Apr 1, 2017 Mar 31, 2018
2016 -12.7 Apr 1, 2016 Mar 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.