ADVANCED DRAINAGE SYSTEMS, 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
Advanced Drainage Systems, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Advanced Drainage Systems, Inc. Operating Margin for the quarter ending September 30, 2024 was 24.1 %, a 1.63% decline year-over-year.
  • Advanced Drainage Systems, Inc. annual Operating Margin for 2023 was 25.5 %, a 8.75% increase from 2022.
  • Advanced Drainage Systems, Inc. annual Operating Margin for 2022 was 23.4 %, a 57.5% increase from 2021.
  • Advanced Drainage Systems, Inc. annual Operating Margin for 2021 was 14.9 %, a 14.4% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 25.5 +2.05 +8.75% Apr 1, 2023 Mar 31, 2024
2022 23.4 +8.55 +57.5% Apr 1, 2022 Mar 31, 2023
2021 14.9 -2.5 -14.4% Apr 1, 2021 Mar 31, 2022
2020 17.4 +23.1 Apr 1, 2020 Mar 31, 2021
2019 -5.7 -15 -161% Apr 1, 2019 Mar 31, 2020
2018 9.35 +2.71 +40.9% Apr 1, 2018 Mar 31, 2019
2017 6.63 +0.56 +9.22% Apr 1, 2017 Mar 31, 2018
2016 6.07 Apr 1, 2016 Mar 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.