TACTILE SYSTEMS TECHNOLOGY 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
Tactile Systems Technology Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Tactile Systems Technology Inc Operating Margin for the quarter ending September 30, 2024 was 7.53 %, a 44.6% increase year-over-year.
  • Tactile Systems Technology Inc annual Operating Margin for 2023 was 6.57 %.
  • Tactile Systems Technology Inc annual Operating Margin for 2022 was -5.17 %, a 510% decline from 2021.
  • Tactile Systems Technology Inc annual Operating Margin for 2021 was -0.85 %, a 56.2% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 6.57 +11.7 Jan 1, 2023 Dec 31, 2023
2022 -5.17 -4.32 -510% Jan 1, 2022 Dec 31, 2022
2021 -0.85 +1.09 +56.2% Jan 1, 2021 Dec 31, 2021
2020 -1.94 -7.48 -135% Jan 1, 2020 Dec 31, 2020
2019 5.54 +3.46 +166% Jan 1, 2019 Dec 31, 2019
2018 2.08 -1.49 -41.8% Jan 1, 2018 Dec 31, 2018
2017 3.57 -1.49 -29.5% Jan 1, 2017 Dec 31, 2017
2016 5.05 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.