Toughbuilt Industries, Inc Annual Operating Margin in % from 2022 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
Toughbuilt Industries, Inc quarterly/annual Operating Margin history and growth rate from 2022 to 2023.
  • Toughbuilt Industries, Inc Operating Margin for the quarter ending December 31, 2023 was -75 %.
  • Toughbuilt Industries, Inc annual Operating Margin for 2023 was -75 %, a 36.7% decline from 2022.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -75 -20.1 -36.7% Jan 1, 2023 Dec 31, 2023
2022 -54.9 Jan 1, 2022 Dec 31, 2022
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