Microvast Holdings, Inc. Annual Operating Margin in % from 2019 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
Microvast Holdings, Inc. quarterly/annual Operating Margin history and growth rate from 2019 to 2023.
  • Microvast Holdings, Inc. Operating Margin for the quarter ending September 30, 2024 was -30.7 %, a 31.3% increase year-over-year.
  • Microvast Holdings, Inc. annual Operating Margin for 2023 was -34.8 %, a 55.5% increase from 2022.
  • Microvast Holdings, Inc. annual Operating Margin for 2022 was -78.2 %, a 38.7% increase from 2021.
  • Microvast Holdings, Inc. annual Operating Margin for 2021 was -128 %, a 372% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -34.8 +43.4 +55.5% Jan 1, 2023 Dec 31, 2023
2022 -78.2 +49.5 +38.7% Jan 1, 2022 Dec 31, 2022
2021 -128 -101 -372% Jan 1, 2021 Dec 31, 2021
2020 -27.1 +43.4 +61.6% Jan 1, 2020 Dec 31, 2020
2019 -70.5 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.