Toughbuilt Industries, 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
Toughbuilt Industries, Inc quarterly/annual Operating Margin history and growth rate from 2017 to 2022.
  • Toughbuilt Industries, Inc Operating Margin for the quarter ending September 30, 2023 was -58.8 %, a 1.8% decline year-over-year.
  • Toughbuilt Industries, Inc annual Operating Margin for 2022 was -54.9 %, a 2.21% increase from 2021.
  • Toughbuilt Industries, Inc annual Operating Margin for 2021 was -56.1 %, a 53.8% decline from 2020.
  • Toughbuilt Industries, Inc annual Operating Margin for 2020 was -36.5 %, a 18.8% increase from 2019.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -54.9 +1.24 +2.21% Jan 1, 2022 Dec 31, 2022
2021 -56.1 -19.6 -53.8% Jan 1, 2021 Dec 31, 2021
2020 -36.5 +8.46 +18.8% Jan 1, 2020 Dec 31, 2020
2019 -45 -2.75 -6.52% Jan 1, 2019 Dec 31, 2019
2018 -42.2 -15.6 -58.6% Jan 1, 2018 Dec 31, 2018
2017 -26.6 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.