SHYFT GROUP, 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
Shyft Group, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Shyft Group, Inc. Operating Margin for the quarter ending September 30, 2024 was -0.07 %, a 102% decline year-over-year.
  • Shyft Group, Inc. annual Operating Margin for 2023 was 0.77 %, a 83.2% decline from 2022.
  • Shyft Group, Inc. annual Operating Margin for 2022 was 4.63 %, a 45.4% decline from 2021.
  • Shyft Group, Inc. annual Operating Margin for 2021 was 8.47 %, a 17.3% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 0.77 -3.85 -83.2% Jan 1, 2023 Dec 31, 2023
2022 4.63 -3.85 -45.4% Jan 1, 2022 Dec 31, 2022
2021 8.47 +1.25 +17.3% Jan 1, 2021 Dec 31, 2021
2020 7.23 +0.93 +14.8% Jan 1, 2020 Dec 31, 2020
2019 6.29 +2.35 +59.5% Jan 1, 2019 Dec 31, 2019
2018 3.95 -0.84 -17.6% Jan 1, 2018 Dec 31, 2018
2017 4.79 +3.33 +228% Jan 1, 2017 Dec 31, 2017
2016 1.46 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.