Twin Vee PowerCats, Co. 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
Twin Vee PowerCats, Co. quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • 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, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -35.9 -17 -90.5% Jan 1, 2023 Dec 31, 2023
2022 -18.8 -8.49 -82.1% Jan 1, 2022 Dec 31, 2022
2021 -10.3 -16.9 -259% Jan 1, 2021 Dec 31, 2021
2020 6.52 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.