Superior Drilling Products, Inc. Annual Operating Margin in % from 2017 to 2022

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
Superior Drilling Products, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2022.
  • Superior Drilling Products, Inc. Operating Margin for the quarter ending March 31, 2023 was 14.2 %, a 216% increase year-over-year.
  • Superior Drilling Products, Inc. annual Operating Margin for 2022 was 10.1 %.
  • Superior Drilling Products, Inc. annual Operating Margin for 2021 was -4.4 %, a 88% increase from 2020.
  • Superior Drilling Products, Inc. annual Operating Margin for 2020 was -36.5 %, a 669% decline from 2019.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 10.1 +14.5 Jan 1, 2022 Dec 31, 2022
2021 -4.4 +32.1 +88% Jan 1, 2021 Dec 31, 2021
2020 -36.5 -31.8 -669% Jan 1, 2020 Dec 31, 2020
2019 -4.75 -6.39 -388% Jan 1, 2019 Dec 31, 2019
2018 1.65 +0.21 +14.6% Jan 1, 2018 Dec 31, 2018
2017 1.44 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.