REED'S, INC. Annual Operating Margin in % from 2017 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: Reed's, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
Reed's, Inc. Operating Margin for the quarter ending September 30, 2024 was -23.6 %, a 39.2% decline year-over-year.
Reed's, Inc. annual Operating Margin for 2023 was -21.1 %, a 24.7% increase from 2022.
Reed's, Inc. annual Operating Margin for 2022 was -28 %, a 13.1% increase from 2021.
Reed's, Inc. annual Operating Margin for 2021 was -32.2 %, a 55.5% decline from 2020.

Operating Margin, Annual (%)

Operating Margin, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date
2023	-21.1	+6.91	+24.7%	Jan 1, 2023	Dec 31, 2023
2022	-28	+4.23	+13.1%	Jan 1, 2022	Dec 31, 2022
2021	-32.2	-11.5	-55.5%	Jan 1, 2021	Dec 31, 2021
2020	-20.7	+23.2	+52.9%	Jan 1, 2020	Dec 31, 2020
2019	-43.9	-22.6	-106%	Jan 1, 2019	Dec 31, 2019
2018	-21.3	+9.84	+31.6%	Jan 1, 2018	Dec 31, 2018
2017	-31.2			Jan 1, 2017	Dec 31, 2017

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* An asterisk sign (*) next to the value indicates that the value is likely invalid.