TPI COMPOSITES, 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
Tpi Composites, Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Tpi Composites, Inc Operating Margin for the quarter ending September 30, 2024 was -13.1 %, a 158% decline year-over-year.
  • Tpi Composites, Inc annual Operating Margin for 2023 was -11.2 %, a 516% decline from 2022.
  • Tpi Composites, Inc annual Operating Margin for 2022 was -1.83 %, a 70.7% increase from 2021.
  • Tpi Composites, Inc annual Operating Margin for 2021 was -6.24 %, a 28.1% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -11.2 -9.42 -516% Jan 1, 2023 Dec 31, 2023
2022 -1.83 +4.41 +70.7% Jan 1, 2022 Dec 31, 2022
2021 -6.24 -1.37 -28.1% Jan 1, 2021 Dec 31, 2021
2020 -4.87 -5.98 -541% Jan 1, 2020 Dec 31, 2020
2019 1.11 -1.29 -53.7% Jan 1, 2019 Dec 31, 2019
2018 2.4 -4.94 -67.3% Jan 1, 2018 Dec 31, 2018
2017 7.34 +0.45 +6.53% Jan 1, 2017 Dec 31, 2017
2016 6.89 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.