Target Hospitality Corp. Annual Operating Margin in % from 2017 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
Target Hospitality Corp. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Target Hospitality Corp. Operating Margin for the quarter ending September 30, 2024 was 31.3 %, a 28.6% decline year-over-year.
  • Target Hospitality Corp. annual Operating Margin for 2023 was 42.7 %, a 22.9% increase from 2022.
  • Target Hospitality Corp. annual Operating Margin for 2022 was 34.7 %, a 173% increase from 2021.
  • Target Hospitality Corp. annual Operating Margin for 2021 was 12.7 %, a 599% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 42.7 +7.95 +22.9% Jan 1, 2023 Dec 31, 2023
2022 34.7 +22 +173% Jan 1, 2022 Dec 31, 2022
2021 12.7 +10.9 +599% Jan 1, 2021 Dec 31, 2021
2020 1.82 -13.1 -87.8% Jan 1, 2020 Dec 31, 2020
2019 14.9 -2.06 -12.1% Jan 1, 2019 Dec 31, 2019
2018 17 +1.02 +6.38% Jan 1, 2018 Dec 31, 2018
2017 16 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.