Gogo 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
Gogo Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Gogo Inc. Operating Margin for the quarter ending June 30, 2024 was 28.5 %, a 16.1% decline year-over-year.
  • Gogo Inc. annual Operating Margin for 2023 was 31.2 %, a 11.3% decline from 2022.
  • Gogo Inc. annual Operating Margin for 2022 was 35.2 %, a 1.98% decline from 2021.
  • Gogo Inc. annual Operating Margin for 2021 was 35.9 %, a 26.9% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 31.2 -3.99 -11.3% Jan 1, 2023 Dec 31, 2023
2022 35.2 -0.71 -1.98% Jan 1, 2022 Dec 31, 2022
2021 35.9 +7.62 +26.9% Jan 1, 2021 Dec 31, 2021
2020 28.3 -2.93 -9.38% Jan 1, 2020 Dec 31, 2020
2019 31.2 +2.84 +10% Jan 1, 2019 Dec 31, 2019
2018 28.4 +37.6 Jan 1, 2018 Dec 31, 2018
2017 -9.19 -4.73 -106% Jan 1, 2017 Dec 31, 2017
2016 -4.47 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.