Mayville Engineering Company, Inc. 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
Mayville Engineering Company, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Mayville Engineering Company, Inc. Operating Margin for the quarter ending June 30, 2024 was 4.28 %, a 13.2% increase year-over-year.
  • Mayville Engineering Company, Inc. annual Operating Margin for 2023 was 3.43 %, a 28.3% decline from 2022.
  • Mayville Engineering Company, Inc. annual Operating Margin for 2022 was 4.78 %.
  • Mayville Engineering Company, Inc. annual Operating Margin for 2021 was -1.63 %, a 10.5% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 3.43 -1.35 -28.3% Jan 1, 2023 Dec 31, 2023
2022 4.78 +6.4 Jan 1, 2022 Dec 31, 2022
2021 -1.63 +0.19 +10.5% Jan 1, 2021 Dec 31, 2021
2020 -1.82 -1.44 -382% Jan 1, 2020 Dec 31, 2020
2019 -0.38 -6.63 -106% Jan 1, 2019 Dec 31, 2019
2018 6.25 +3.24 +108% Jan 1, 2018 Dec 31, 2018
2017 3.01 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.