RETRACTABLE TECHNOLOGIES INC 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
Retractable Technologies Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Retractable Technologies Inc Operating Margin for the quarter ending June 30, 2024 was -32.6 %, a 9.44% decline year-over-year.
  • Retractable Technologies Inc annual Operating Margin for 2023 was -26.4 %, a 2829% decline from 2022.
  • Retractable Technologies Inc annual Operating Margin for 2022 was -0.9 %, a 102% decline from 2021.
  • Retractable Technologies Inc annual Operating Margin for 2021 was 38.5 %, a 31.1% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -26.4 -25.5 -2829% Jan 1, 2023 Dec 31, 2023
2022 -0.9 -39.4 -102% Jan 1, 2022 Dec 31, 2022
2021 38.5 +9.13 +31.1% Jan 1, 2021 Dec 31, 2021
2020 29.4 +22.3 +313% Jan 1, 2020 Dec 31, 2020
2019 7.11 +11.1 Jan 1, 2019 Dec 31, 2019
2018 -4 +6.96 +63.5% Jan 1, 2018 Dec 31, 2018
2017 -11 +0.8 +6.8% Jan 1, 2017 Dec 31, 2017
2016 -11.8 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.