ITC Holdings Corp. 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
ITC Holdings Corp. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • ITC Holdings Corp. Operating Margin for the quarter ending September 30, 2024 was 57 %, a 1.55% increase year-over-year.
  • ITC Holdings Corp. annual Operating Margin for 2023 was 56.6 %, a 1.02% increase from 2022.
  • ITC Holdings Corp. annual Operating Margin for 2022 was 56 %, a 0.87% increase from 2021.
  • ITC Holdings Corp. annual Operating Margin for 2021 was 55.5 %, a 4.29% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 56.6 +0.57 +1.02% Jan 1, 2023 Dec 31, 2023
2022 56 +0.48 +0.87% Jan 1, 2022 Dec 31, 2022
2021 55.5 -2.49 -4.29% Jan 1, 2021 Dec 31, 2021
2020 58 +1.12 +1.97% Jan 1, 2020 Dec 31, 2020
2019 56.9 +1.96 +3.57% Jan 1, 2019 Dec 31, 2019
2018 54.9 -3.7 -6.31% Jan 1, 2018 Dec 31, 2018
2017 58.6 +11.8 +25.1% Jan 1, 2017 Dec 31, 2017
2016 46.8 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.