ARTESIAN RESOURCES 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
Artesian Resources Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Artesian Resources Corp Operating Margin for the quarter ending September 30, 2024 was 24.6 %, a 15.7% increase year-over-year.
  • Artesian Resources Corp annual Operating Margin for 2023 was 22.7 %, a 6.08% decline from 2022.
  • Artesian Resources Corp annual Operating Margin for 2022 was 24.2 %, a 1.47% decline from 2021.
  • Artesian Resources Corp annual Operating Margin for 2021 was 24.5 %, a 3.01% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 22.7 -1.47 -6.08% Jan 1, 2023 Dec 31, 2023
2022 24.2 -0.36 -1.47% Jan 1, 2022 Dec 31, 2022
2021 24.5 -0.76 -3.01% Jan 1, 2021 Dec 31, 2021
2020 25.3 +1.46 +6.13% Jan 1, 2020 Dec 31, 2020
2019 23.8 +0.26 +1.1% Jan 1, 2019 Dec 31, 2019
2018 23.6 -0.26 -1.09% Jan 1, 2018 Dec 31, 2018
2017 23.8 +0.04 +0.17% Jan 1, 2017 Dec 31, 2017
2016 23.8 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.