EMPIRE PETROLEUM CORP Quarterly Operating Margin in % from Q4 2019 to Q2 2024

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
Empire Petroleum Corp quarterly/annual Operating Margin history and growth rate from Q4 2019 to Q2 2024.
  • Empire Petroleum Corp Operating Margin for the quarter ending June 30, 2024 was -31.6 %, a 165% decline year-over-year.
  • Empire Petroleum Corp annual Operating Margin for 2023 was -29 %, a 275% decline from 2022.
  • Empire Petroleum Corp annual Operating Margin for 2022 was 16.6 %.
  • Empire Petroleum Corp annual Operating Margin for 2021 was -1.75 %, a 99.2% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 -31.6 -19.7 -165% Apr 1, 2024 Jun 30, 2024
Q1 2024 -35 -40.6 -726% Jan 1, 2024 Mar 31, 2024
Q4 2023 -29 -45.6 -275% Oct 1, 2023 Dec 31, 2023
Q3 2023 -23.7 -45 -211% Jul 1, 2023 Sep 30, 2023
Q2 2023 -11.9 -36.7 -148% Apr 1, 2023 Jun 30, 2023
Q1 2023 5.6 -5.42 -49.2% Jan 1, 2023 Mar 31, 2023
Q4 2022 16.6 +18.4 Oct 1, 2022 Dec 31, 2022
Q3 2022 21.3 +97.8 Jul 1, 2022 Sep 30, 2022
Q2 2022 24.8 +205 Apr 1, 2022 Jun 30, 2022
Q1 2022 11 +328 Jan 1, 2022 Mar 31, 2022
Q4 2021 -1.75 +226 +99.2% Oct 1, 2021 Dec 31, 2021
Q3 2021 -76.5 +23.4 +23.4% Jul 1, 2021 Sep 30, 2021
Q2 2021 -180 -99.9 -125% Apr 1, 2021 Jun 30, 2021
Q1 2021 -317 -264 -495% Jan 1, 2021 Mar 31, 2021
Q4 2020 -228 -123 -117% Oct 1, 2020 Dec 31, 2020
Q3 2020 -99.9 Jul 1, 2020 Sep 30, 2020
Q2 2020 -80.1 Apr 1, 2020 Jun 30, 2020
Q1 2020 -53.3 Jan 1, 2020 Mar 31, 2020
Q4 2019 -105 Oct 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.