AVID TECHNOLOGY, INC. Annual Operating Margin in % from 2017 to 2022

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
Avid Technology, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2022.
  • Avid Technology, Inc. Operating Margin for the quarter ending September 30, 2023 was 4.27 %, a 67.1% decline year-over-year.
  • Avid Technology, Inc. annual Operating Margin for 2022 was 12.9 %, a 14.4% increase from 2021.
  • Avid Technology, Inc. annual Operating Margin for 2021 was 11.3 %, a 28.9% increase from 2020.
  • Avid Technology, Inc. annual Operating Margin for 2020 was 8.76 %, a 12.3% increase from 2019.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 12.9 +1.62 +14.4% Jan 1, 2022 Dec 31, 2022
2021 11.3 +2.53 +28.9% Jan 1, 2021 Dec 31, 2021
2020 8.76 +0.96 +12.3% Jan 1, 2020 Dec 31, 2020
2019 7.8 +4.48 +135% Jan 1, 2019 Dec 31, 2019
2018 3.31 +2.06 +165% Jan 1, 2018 Dec 31, 2018
2017 1.25 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.