Omnitek Engineering Corp Annual Operating Margin in % from 2010 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
Omnitek Engineering Corp quarterly/annual Operating Margin history and growth rate from 2010 to 2023.
  • Omnitek Engineering Corp Operating Margin for the quarter ending September 30, 2024 was -15.9 %, a 0.44% increase year-over-year.
  • Omnitek Engineering Corp annual Operating Margin for 2023 was -18.6 %, a 14.1% decline from 2022.
  • Omnitek Engineering Corp annual Operating Margin for 2022 was -16.3 %, a 5.68% increase from 2021.
  • Omnitek Engineering Corp annual Operating Margin for 2021 was -17.3 %, a 67.6% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -18.6 -2.3 -14.1% Jan 1, 2023 Dec 31, 2023
2022 -16.3 +0.98 +5.68% Jan 1, 2022 Dec 31, 2022
2021 -17.3 +36.1 +67.6% Jan 1, 2021 Dec 31, 2021
2020 -53.3 +19.2 +26.5% Jan 1, 2020 Dec 31, 2020
2019 -72.5 -39.5 -119% Jan 1, 2019 Dec 31, 2019
2018 -33.1 +62.5 +65.4% Jan 1, 2018 Dec 31, 2018
2017 -95.6 -26.8 -38.9% Jan 1, 2017 Dec 31, 2017
2016 -68.8 -12.6 -22.4% Jan 1, 2016 Dec 31, 2016
2015 -56.2 +4.42K +98.7% Jan 1, 2015 Dec 31, 2015
2014 -4.48K -4.32K -2708% Jan 1, 2014 Dec 31, 2014
2013 -159 -85.5 -116% Jan 1, 2013 Dec 31, 2013
2012 -73.9 -45.5 -160% Jan 1, 2012 Dec 31, 2012
2011 -28.5 +37.7 +57% Jan 1, 2011 Dec 31, 2011
2010 -66.2 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.