FTC Solar, 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
FTC Solar, Inc. quarterly/annual Operating Margin history and growth rate from 2019 to 2023.
  • FTC Solar, Inc. Operating Margin for the quarter ending September 30, 2024 was -89.2 %, a 96.8% decline year-over-year.
  • FTC Solar, Inc. annual Operating Margin for 2023 was -40 %, a 50.6% increase from 2022.
  • FTC Solar, Inc. annual Operating Margin for 2022 was -80.9 %, a 72.6% decline from 2021.
  • FTC Solar, Inc. annual Operating Margin for 2021 was -46.9 %, a 419% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -40 +40.9 +50.6% Jan 1, 2023 Dec 31, 2023
2022 -80.9 -34 -72.6% Jan 1, 2022 Dec 31, 2022
2021 -46.9 -37.8 -419% Jan 1, 2021 Dec 31, 2021
2020 -9.03 +14.3 +61.2% Jan 1, 2020 Dec 31, 2020
2019 -23.3 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.