Nextracker 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
Nextracker Inc. quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • Nextracker Inc. Operating Margin for the quarter ending June 28, 2024 was 24.6 %, a 129% increase year-over-year.
  • Nextracker Inc. annual Operating Margin for 2023 was 23.5 %, a 165% increase from 2022.
  • Nextracker Inc. annual Operating Margin for 2022 was 8.86 %, a 96% increase from 2021.
  • Nextracker Inc. annual Operating Margin for 2021 was 4.52 %, a 65.9% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 23.5 +14.6 +165% Apr 1, 2023 Mar 31, 2024
2022 8.86 +4.34 +96% Apr 1, 2022 Mar 31, 2023
2021 4.52 -8.74 -65.9% Apr 1, 2021 Mar 31, 2022
2020 13.3 Apr 1, 2020 Mar 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.