Array Technologies, Inc. Annual Operating Margin in % from 2018 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
Array Technologies, Inc. quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • Array Technologies, Inc. Operating Margin for the quarter ending September 30, 2024 was -5.54 %, a 145% decline year-over-year.
  • Array Technologies, Inc. annual Operating Margin for 2023 was 13.6 %.
  • Array Technologies, Inc. annual Operating Margin for 2022 was -1.11 %, a 61.7% increase from 2021.
  • Array Technologies, Inc. annual Operating Margin for 2021 was -2.9 %, a 127% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 13.6 +14.7 Jan 1, 2023 Dec 31, 2023
2022 -1.11 +1.79 +61.7% Jan 1, 2022 Dec 31, 2022
2021 -2.9 -13.8 -127% Jan 1, 2021 Dec 31, 2021
2020 10.9 -1.96 -15.2% Jan 1, 2020 Dec 31, 2020
2019 12.9 +33.9 Jan 1, 2019 Dec 31, 2019
2018 -21.1 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.