GENTEX CORP Annual Operating Margin in % from 2017 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
Gentex Corp quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Gentex Corp Operating Margin for the quarter ending June 30, 2024 was 21.5 %, a 8% increase year-over-year.
  • Gentex Corp annual Operating Margin for 2023 was 21.6 %, a 11.8% increase from 2022.
  • Gentex Corp annual Operating Margin for 2022 was 19.3 %, a 18.5% decline from 2021.
  • Gentex Corp annual Operating Margin for 2021 was 23.7 %, unchanged from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 21.6 +2.28 +11.8% Jan 1, 2023 Dec 31, 2023
2022 19.3 -4.39 -18.5% Jan 1, 2022 Dec 31, 2022
2021 23.7 0 0% Jan 1, 2021 Dec 31, 2021
2020 23.7 -2.61 -9.93% Jan 1, 2020 Dec 31, 2020
2019 26.3 -1.42 -5.13% Jan 1, 2019 Dec 31, 2019
2018 27.7 -1.45 -4.97% Jan 1, 2018 Dec 31, 2018
2017 29.2 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.