ENCORE WIRE 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
Encore Wire Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Encore Wire Corp Operating Margin for the quarter ending March 31, 2024 was 15 %, a 48.2% decline year-over-year.
  • Encore Wire Corp annual Operating Margin for 2023 was 17.6 %, a 42% decline from 2022.
  • Encore Wire Corp annual Operating Margin for 2022 was 30.3 %, a 12.4% increase from 2021.
  • Encore Wire Corp annual Operating Margin for 2021 was 27 %, a 253% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 17.6 -12.7 -42% Jan 1, 2023 Dec 31, 2023
2022 30.3 +3.35 +12.4% Jan 1, 2022 Dec 31, 2022
2021 27 +19.3 +253% Jan 1, 2021 Dec 31, 2021
2020 7.64 +2.03 +36.2% Jan 1, 2020 Dec 31, 2020
2019 5.61 -2.11 -27.3% Jan 1, 2019 Dec 31, 2019
2018 7.72 +0.9 +13.2% Jan 1, 2018 Dec 31, 2018
2017 6.82 +1.43 +26.5% Jan 1, 2017 Dec 31, 2017
2016 5.4 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.