TECHPRECISION CORP 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
Techprecision Corp quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Techprecision Corp Operating Margin for the quarter ending June 30, 2024 was -16.8 %, a 371% decline year-over-year.
  • Techprecision Corp annual Operating Margin for 2023 was -14.7 %, a 317% decline from 2022.
  • Techprecision Corp annual Operating Margin for 2022 was -3.52 %, a 49.8% increase from 2021.
  • Techprecision Corp annual Operating Margin for 2021 was -7.01 %, a 275% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -14.7 -11.2 -317% Apr 1, 2023 Mar 31, 2024
2022 -3.52 +3.49 +49.8% Apr 1, 2022 Mar 31, 2023
2021 -7.01 -11 -275% Apr 1, 2021 Mar 31, 2022
2020 4 +4.88 Apr 1, 2020 Mar 31, 2021
2019 -0.88 -11.9 -108% Apr 1, 2019 Mar 31, 2020
2018 11 +5.84 +113% Apr 1, 2018 Mar 31, 2019
2017 5.16 Apr 1, 2017 Mar 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.