Twin Vee PowerCats, Co. Quarterly Operating Margin in % from Q4 2021 to Q2 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
Twin Vee PowerCats, Co. quarterly/annual Operating Margin history and growth rate from Q4 2021 to Q2 2024.
  • Twin Vee PowerCats, Co. Operating Margin for the quarter ending June 30, 2024 was -52.9 %, a 84.6% decline year-over-year.
  • Twin Vee PowerCats, Co. annual Operating Margin for 2023 was -35.9 %, a 90.5% decline from 2022.
  • Twin Vee PowerCats, Co. annual Operating Margin for 2022 was -18.8 %, a 82.1% decline from 2021.
  • Twin Vee PowerCats, Co. annual Operating Margin for 2021 was -10.3 %, a 259% decline from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 -52.9 -24.3 -84.6% Apr 1, 2024 Jun 30, 2024
Q1 2024 -40.8 -19.8 -94.2% Jan 1, 2024 Mar 31, 2024
Q4 2023 -35.9 -17 -90.5% Oct 1, 2023 Dec 31, 2023
Q3 2023 -35 -21.9 -166% Jul 1, 2023 Sep 30, 2023
Q2 2023 -28.7 -15.2 -113% Apr 1, 2023 Jun 30, 2023
Q1 2023 -21 -5.64 -36.7% Jan 1, 2023 Mar 31, 2023
Q4 2022 -18.8 -8.49 -82.1% Oct 1, 2022 Dec 31, 2022
Q3 2022 -13.1 Jul 1, 2022 Sep 30, 2022
Q2 2022 -13.5 Apr 1, 2022 Jun 30, 2022
Q1 2022 -15.4 Jan 1, 2022 Mar 31, 2022
Q4 2021 -10.3 Oct 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.