EMPIRE PETROLEUM CORP Annual Operating Margin in % from 2018 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
Empire Petroleum Corp quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • 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, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -29 -45.6 -275% Jan 1, 2023 Dec 31, 2023
2022 16.6 +18.4 Jan 1, 2022 Dec 31, 2022
2021 -1.75 +226 +99.2% Jan 1, 2021 Dec 31, 2021
2020 -228 -123 -117% Jan 1, 2020 Dec 31, 2020
2019 -105 +91.8 +46.7% Jan 1, 2019 Dec 31, 2019
2018 -197 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.