Xos, Inc. Annual Operating Margin in % from 2020 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
Xos, Inc. quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • Xos, Inc. Operating Margin for the quarter ending June 30, 2024 was -72.2 %, a 78.5% increase year-over-year.
  • Xos, Inc. annual Operating Margin for 2023 was -146 %, a 52.3% increase from 2022.
  • Xos, Inc. annual Operating Margin for 2022 was -306 %, a 70.9% increase from 2021.
  • Xos, Inc. annual Operating Margin for 2021 was -1.05K %, a 134% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -146 +160 +52.3% Jan 1, 2023 Dec 31, 2023
2022 -306 +747 +70.9% Jan 1, 2022 Dec 31, 2022
2021 -1.05K -603 -134% Jan 1, 2021 Dec 31, 2021
2020 -450 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.