Wetouch Technology Inc. Quarterly Operating Margin in % from Q4 2020 to Q3 2024

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
Wetouch Technology Inc. quarterly/annual Operating Margin history and growth rate from Q4 2020 to Q3 2024.
  • Wetouch Technology Inc. Operating Margin for the quarter ending September 30, 2024 was 18.2 %, a 47.6% decline year-over-year.
  • Wetouch Technology Inc. annual Operating Margin for 2023 was 31.9 %, a 5.85% increase from 2022.
  • Wetouch Technology Inc. annual Operating Margin for 2022 was 30.1 %, a 2.75% decline from 2021.
  • Wetouch Technology Inc. annual Operating Margin for 2021 was 31 %, a 18.3% decline from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.