NORTECH SYSTEMS INC 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
Nortech Systems Inc quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Nortech Systems Inc Operating Margin for the quarter ending June 30, 2024 was 3.85 %, a 11.9% increase year-over-year.
  • Nortech Systems Inc annual Operating Margin for 2023 was 4.27 %, a 47.3% increase from 2022.
  • Nortech Systems Inc annual Operating Margin for 2022 was 2.9 %, a 47.1% increase from 2021.
  • Nortech Systems Inc annual Operating Margin for 2021 was 1.97 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.27 +1.37 +47.3% Jan 1, 2023 Dec 31, 2023
2022 2.9 +0.93 +47.1% Jan 1, 2022 Dec 31, 2022
2021 1.97 +2.56 Jan 1, 2021 Dec 31, 2021
2020 -0.59 -0.78 -405% Jan 1, 2020 Dec 31, 2020
2019 0.19 -0.91 -82.6% Jan 1, 2019 Dec 31, 2019
2018 1.1 +2.23 Jan 1, 2018 Dec 31, 2018
2017 -1.13 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.